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The U.S. company that makes the controversial F-35 fighter is publicly warning that Canadian industry stands to lose as much as $10.5-billion in spinoff contracts if the federal government ends up not buying the warplane.
Orlando Carvalho, executive vice-president of aeronautics at Lockheed Martin, delivered this cautionary message in Montreal on Friday. He said Canadian companies can keep the roughly $500-million in fighter-related contracts they have, but no more F-35 work would be likely for this country if Ottawa does not embrace the Lockheed plane.
“If, in fact, the Canadian government were to decide not to select the F-35, we will certainly honour the contracts that we have here with the Canadian industry, but our approach in the future would be to try to do business with the industries that are in the countries that are buying the airplane,” Mr. Carvalho said while opening an engine overhaul facility in Montreal.
Ah, blackmail. That's bizniz. The fact that they are overdoing expenditures that translates to tax payer dollars doesn't come into play? Screw em. Canadians typically want to have an infusion into our military. Not bankroll an American company like the American tax payers do. Secondly, we don't want a fighter that will be partially obsolete when it finally becomes operational.
So what are you going to do? Buy Super Hornets, which are, in pretty much every way inferior, except in schedule and cost ?
(and probably have less industrial offsets)
And then raise the F-35 cost for everyone else?