government to buy the jets at a cost of about US$85 million each. In January, the federal government announced a deal with Lockheed Martin and the U.S. The acquisition phase will cost an estimated $19.8 billion, Giroux's report said, including $10.7 billion for 88 planes, $2.1 billion for weapons and ammunition and $5.9 billion for such things as design and depot costs, infrastructure and training. Yves Giroux said his independent analysis of the procurement project is 'broadly in line' with the government's own estimates from January, which said the cost would be around $70 billion.
Canada will pay an estimated $73.9 billion to buy, fly and maintain its new fleet of F-35 fighter jets, the parliamentary budget officer said Thursday.