Canada’s purchase of 88 Lockheed Martin Corp. F-35 fighter jets will cost far more than projected, and the country faces a ...

Canada's planned purchase of 88 Lockheed Martin F-35 fighters will cost at least 45% more than initially estimated and the ...

The defense contractor's shares fell on Wednesday amid a report that the Pentagon was requesting only 24 F-35s from Congress.

Canada's acquisition of 88 F-35 jets from Lockheed Martin is facing a 45% cost overrun and significant pilot shortages, ...

The cost increase was primarily caused by rising inflation, fluctuations in foreign exchange rates, and heightened demand for ...

F-35 fighter jets will cost approximately C$27.7 billion ($20.2 billion), nearly 50% more than initially estimated, according to a government audit released Tuesday.

A new report shows the cost of the new fleet has exploded by nearly 50% and is marred by delays and a shortfall of qualified ...

The cost of replacing Canada’s aging warplanes with U.S.-made F-35 stealth strike fighters is expected to cost nearly 50 per ...

The total cost of acquiring 88 Lockheed Martin F-35As will rise to more than C$33 billion ($24 billion), according to a ...

The additional funding hike raises the amount that Canada reports to NATO as spending on national security to C$62.7 billion ...

Lockheed Martin, the U.S. defence giant that builds the F-35 fighter jet, has offered to create more jobs in Canada if Ottawa buys all of the jets it said it would when the contract was announced ...