Controversial F-35 purchase could bank Canadian businesses $9.9B
http://globalnews.ca/news/1022291/controversial-f-35-purchase-could-bank-canadian-businesses-9-9-billion/
Controversial F-35 purchase could bank Canadian businesses $9.9B
By Murray Brewster The Canadian Press
December 10, 2013 7:55 pm
OTTAWA Canadas aerospace industry could be in line for slightly more benefits than previously estimated, if the Harper government decides to buy the oft-maligned F-35.
Documents tabled late Tuesday, as Parliament adjourned for its Christmas break, project that businesses in this country could land as much as $9.9 billion in contracts to construct and sustain parts for the Lockheed Martin-built stealth fighter.
The last estimate, tabled in the summer, pegged the potential industrial benefits at $9.4 billion.
The vast majority of that figure $8.2 billion would accrue throughout the projected life of the program under the 32 contacts already signed with U.S. defence giant, which gives companies from participating nations premium access to the work.