Breaking: Canada officially buying F-35 fighter jets for $19 billion to replace aging CF-18s
The government says Canada will ultimately buy 88 F-35s at an estimated cost of $19 billion, with the first aircraft to be delivered in 2026.
The Canadian Press reported last month that the Defence Department had been authorized to spend $7 billion on an initial set of 16 F-35s and associated gear. Officials confirmed in a briefing today that Canada will buy all 88 F-35s in a phased approach, with the initial investment including infrastructure upgrades, spare parts and other one-time costs.
Canada is expected to pay US$85 million per F-35, which officials say is the same price as the United States.
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