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    1. Commercial Aerospace

    Canada selects Lockheed Martin F-35 for its next-generation fighter

    July 17, 2010
    FORT WORTH, Texas, 17 July 2010. The Government of Canada announced plans to acquire the Lockheed Martin [NYSE: LMT] F-35 Lightning II as the country's next-generation fighter aircraft. The F-35 and its advanced avionics will replace Canada's fleet of CF-18 Hornets that entered service in the early 1980s.
    Posted by John McHale FORT WORTH, Texas, 17 July 2010. The Government of Canada announced plans to acquire the Lockheed Martin [NYSE: LMT] F-35 Lightning II as the country's next-generation fighter aircraft. The F-35 and its advanced avionics will replace Canada's fleet of CF-18 Hornets that entered service in the early 1980s. "We're very pleased with the decision and are committed to supporting the Government of Canada in moving forward with the F-35," says Tom Burbage, Lockheed Martin executive vice president and general manager of F-35 Program Integration. "The Lightning II will help ensure Canada's national security, and also positions Canadian industry to immediately capture long-term work that will endure for the next 30 years."The F-35 is a supersonic, multi-role, 5th generation stealth fighter developed and funded by a consortium of nine countries, including Canada. The F-35 avionics enable the aircraft to excel in both air-to-air and air-to-ground operations. Canada plans to acquire 65 F-35s to replace the CF-18 fleet that is currently in service. Delivery of Canada's F-35s will begin in 2016. Three F-35 variants derived from a common design, developed together and using the same sustainment infrastructure worldwide, will replace at least 13 types of aircraft for 11 nations initially.

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