Canada makes US$99M payment as part of deal to foot more of bill for developing F-35

Ottawa -

Ottawa has made a multi-million greenback fee as a part of a renegotiated deal that's anticipated to see Canada foot extra of the invoice for growing the F-35 than in earlier years.

The US$99-million fee and renegotiated deal come regardless of the actual fact the Liberal authorities has stated Canada could not really purchase the stealth fighter.

The federal government introduced in late March that it was coming into into negotiations for the acquisition of 88 F-35s, however left the door open to purchasing a Swedish-made fighter if the talks stalled.

Canada is considered one of eight accomplice nations concerned in growing the F-35, and its newest contribution means it has to this point thrown US$712 million into the pot.

Defence officers say the up to date deal displays Canada's want to purchase 88 new fighters relatively than its authentic plan of 65, in addition to Turkey's withdrawal from the F-35 program.

Nevertheless, the renegotiated settlement additionally comes as U.S. officers raised contemporary issues final week about escalating prices and growth issues with the stealth fighter.

This report by The Canadian Press was first revealed Might 6, 2022.