Canada Considers Dropping Out Of F-35 Program

Law360, New York (December 7, 2012, 6:47 PM EST) -- Canada is reportedly leaning toward dropping out of the international F-35 Joint Strike Fighter procurement, a move that would lead to increased costs for the U.S. and other international buyers of the Lockheed Martin Corp.-developed stealth fighter.

A forthcoming audit has renewed Canadian lawmakers' doubts about the F-35 program, according to the Montreal Gazette. KPMG is expected to publish a new cost analysis that includes the price of maintaining the fighter over its 42-year lifespan. KPMG's audit will put the price of Canada's F-35 purchases at...
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