Canada has picked Lockheed Martin Corp. and the F-35 as the preferred bidder in its competition to buy a new fighter jet, government officials said Monday, in a clear sign the U.S. contractor is set to win the multibillion-dollar contract.
Canada is planning to buy 88 new fighter jets to replace its aging fleet. The government has budgeted about CA$19 billion (US$15 billion) for the purchase.
The move indicates Canada – under pressure to boost defense spending as the war in Ukraine rages – is closer to making a decision that has been dragged out for more than a decade.
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