Canada Plans to Buy 65 Lockheed Martin Fighter Jets

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Defence Minister Peter MacKay said Canada will spend about C$9 billion ($8.5 billion) to buy 65 F-35 Joint Strike Fighter jets from Lockheed Martin Corp., giving a lift to a program that has faced delays and rising costs.

Delivery is expected to begin in 2016, according to a statement posted today on Canada’s National Defence website. The contract includes “associated weapons, infrastructure, initial spares, training simulators, contingency funds and project operating costs,” according to the document.