Tuesday, July 26, 2016

Canada appears ready to scrap F-35 Jet

Canada may become the first country to scrap its order for the American F-35 fighter jet, the most expensive weapons program ever. Letters sent to the big industry players are further evidence that the government of Prime Minister Justin Trudeau is set to pull the trigger on a whole new open competition to pick Canada's next generation of fighter jet.

That competition will likely favour an out-of-the-box jet, over the expensive F-35.
Technically on the hook to buy 65 of the Lockheed Martin F-35 Lightning II jets, Canada has had face-to-face meetings with Boeing, Lockheed Martin, Sweden's Saab; the French Dassault; and the European multinational consortium Eurofighter.
All of them make fighters that, while less advanced than the stealthy F-35, are vastly cheaper.
This inquiry is likely the first step in what promises to be a protracted competition to choose a warplane to replace the current fleet of 79 rapidly aging, nearly obsolete CF-188 Hornets.

Australia is currently on the hook to buy 72 of the planes, where objections have been raised that the plane was a "jackass of all trades and masterful of none," and compared the entire procurement process to a Ponzi scheme.
The total cost of the program for Canada is pegged at some $25 billion over the life of the jets. According to insiders Ottawa will start from scratch and force a whole new competition. Ottawa isn't wasting time. The letters, sent July 7, have a due date of July 29 for the submission of proposals.

If Canada does back out, it could spell two big problems: it could raise costs for the remaining partners, since they will be spread out over fewer overall planes, and it could lead to other smaller partners to back out as well which, in turn, would further increase costs.

See ----->http://neerdowellhallofinfamy.blogspot.ca/2016/06/lockheed-martin-f-35-lightning-ii-ready.html