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Canada's new prime minister really doesn't like the F-35


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f-35Fortune:

Stephen Harper’s Conservative government may not be the only casualty in Monday’s electoral upset in Canada.

 

Justin Trudeau, the leader of Canada’s victorious Liberals and soon-to-be Prime Minister, has vowed to cancel the country’s purchase of 60 F-35 Joint Strike Fighter jets from Lockheed Martin and instead focus on bolstering its Navy.

 

Trudeau’s victory marks another setback—albeit a small one—for the military program as Lockheed Martin continues its efforts to drive down the per-aircraft price of the F-35 by boosting production rates. However, Lockheed’s loss will likely translate into someone else’s gain as Canada shops for a less expensive alternative to replace its aging CF-18s fighter jets.Scissors-32x32.png


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