Canada is buying 88 Lockheed Martin 5th Generation F-35 Lightning II fighters, the government's defense officials announced. [Courtesy: Lockheed Martin]
Key Takeaways:
Canada has finalized a $19 billion deal to purchase 88 Lockheed Martin F-35 Lightning II fighter jets.
This acquisition marks the largest investment in the Royal Canadian Air Force in 30 years.
The F-35s are intended to defend Canadian airspace, including the Arctic, and fulfill commitments to NORAD and NATO.
The purchase includes associated equipment, sustainment services, and new fighter squadron facilities, with first aircraft deliveries planned for 2026.
Canada has inked a deal worth $19 billion to purchase 88 Lockheed Martin [NYSE: LMT] 5th Generation F-35 Lightning II fighters, the government’s defense officials announced.
The purchase marks the largest investment in the Royal Canadian Air Force in 30 years, according to Canadian National Defence Minister Anita Anand.
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