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January 17, 2008
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Thursday
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Muharram 07, 1429
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Canada to buy 17 planes for air force
OTTAWA, Jan 16: Ottawa will buy 17 military transport planes from US aircraft maker Lockheed Martin, media here reported on Wednesday, in a purchase that is part of a broad effort to modernise Canada’s air force.
Lockheed Martin beat out European aerospace rival Airbus to seal the deal, valued at some US$4.8 billion, the daily National Post newspaper wrote.
The Canadian government approved the purchase of the C-130J aircraft after 17 months of negotiations with Lockheed Martin.
The deal, which includes a 20-year maintenance contract, will enable the government to replace the aging fleet of Lockheed-built Hercules aircraft currently in use by Canada’s air force.—AFP
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