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Old 05-25-2011, 03:01 PM   #1
CaptainCrunch
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Default F-35 Fighter Jet Conservative numbers are accurate

According to Lockheed Martin Exec the PBO office numbers and the Liberal complaints were inaccurate.

http://www.torontosun.com/2011/05/24...ed-martin-exec

It also appears to have a larger benefit to Canada's aerospace industry

Quote:
While Burbage recently told Parliament’s defence committee Lockheed Martin envisioned $9.5 billion in work for Canadian aerospace companies as part of the global supply chain for the F-35, on Tuesday Burbage said even more work will flow north to Canada.

And Lockheed Martin’s estimates don’t even include maintenance of the aircraft over its lifespan, which Burbage said will be done almost exclusively by Canadian firms and could total more than $7 billion.

“As the program has become more predictable, and more opportunities have actually been awarded, the total value of the Canadian program has actually gone up,” Burbage said. “Our projections are we will exceed the plan that we projected in the past.”
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