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closetohome
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Posted: Dec 08, 2012 - 11:52 PM
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Newbie

Joined: Dec 08, 2012 - 11:51 PM
Posts: 2
Status: Offline
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| What are the long term affects of this? Is it good or bad? Will it affect the world economy? |
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Sponsor
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Posted: May 23, 2013 - 4:40 PM
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F-16.net Sponsor
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discofishing
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Posted: Dec 09, 2012 - 02:33 AM
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Elite 1K

Joined: Nov 07, 2008 - 10:15 PM
Posts: 1280
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| Sounds like a good idea if they want the most capable 5th generation multirole fighter in the world. I imagine it will have positive effects for partner nation economies, not necessarily the global economy. |
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hobo
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Posted: Dec 09, 2012 - 03:19 AM
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Senior member

Joined: Dec 31, 2010 - 02:39 PM
Posts: 272
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Honestly it won't make much of a difference whether they buy or not. The Canadian order barely registers when compared to the total program , though their jets do start fairly early in the production ramp-up.
The usual anti-F-35 crowd are jumping all over this as an opportunity to criticize the program, but this may actually prove to be a positive if Canada actually prices out what a Eurofighter, Rafale or Super Hornet acquisition would cost to purchase and sustain and the numbers become public. |
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arrow-nautics
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Posted: Dec 09, 2012 - 05:33 AM
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Enthusiast

Joined: Sep 30, 2012 - 12:42 AM
Posts: 35
Location: Halifax
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IMO, no link but it's probably a 12 to 14 billion advantage to Canada's economy through Lockheed Canada, Pratt & Whitney amongst many other suppliers of parts, panels, systems & support. This why I believe Canada will acquire the F-35. The manufacturing contracts have been growing since 1997. Does Canada want to pull down (brick by brick) the half finished pyramid & start over?
There may be no choice.
Canada has the contracts secured beyond our 65 jet original purchase idea. Canada has contracts on most of all the F-35's to be built. People don't realize that. Go ahead my home & native land...kill the golden goose so Lockheed can redistribute contracts to Turkey. |
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gtx
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Posted: Dec 09, 2012 - 08:16 AM
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Active Member

Joined: Oct 26, 2012 - 10:52 PM
Posts: 242
Location: Brisbane, Australia
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| If Canada were to pull out of the F-35 program as a whole then it would impact the Canadian aerospace industry. They would deserve to lose any F-35 related contracts and lose options to bid on them. Other countries and their industry will demand it (trust me - people like myself will be pushing for it!). And foolishly thinking that any other platform will offer the same industrial opportunities is a misguided. |
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neurotech
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Posted: Dec 09, 2012 - 11:06 AM
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Elite 1K

Joined: May 09, 2012 - 10:34 PM
Posts: 1260
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gtx wrote:
If Canada were to pull out of the F-35 program as a whole then it would impact the Canadian aerospace industry. They would deserve to lose any F-35 related contracts and lose options to bid on them. Other countries and their industry will demand it (trust me - people like myself will be pushing for it!). And foolishly thinking that any other platform will offer the same industrial opportunities is a misguided.
Oh didn't you hear, the US Navy is ordering another 500 F/A-18E/F Block III+ & EA-18G+ aircraft and some major components will be made in Canada
* I'm being sarcastic. The Navy order may extend production by 20-50 aircraft, depending on budget but nowhere near 500. All will be made in St Louis. |
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count_to_10
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Posted: Dec 09, 2012 - 04:45 PM
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Elite 1K

Joined: Mar 10, 2012 - 03:38 PM
Posts: 1326
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As with all military purchases, it has an unknowable (but very large) benefit of enabling trade by maintaining peace, but a the same negative effect that all government spending has in terms of opportunity costs of capital and manpower. I don't think anyone can really put a number on the net benefit, but I would judge it to be significantly positive.
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Oh, you meant for Canada specifically?
I can't really speak to that. Too much I don't know about the specific international interactions. |
_________________ Einstein got it backward: one cannot prevent a war without preparing for it.
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closetohome
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Posted: Dec 11, 2012 - 12:01 AM
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Newbie

Joined: Dec 08, 2012 - 11:51 PM
Posts: 2
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| Thanks for the replies everyone |
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