Forum: Program and politics

How would Canada purchasing the F-35 impact the economy?



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closetohome
PostPosted: Dec 08, 2012 - 11:52 PM Reply with quote Back to top
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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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discofishing
PostPosted: Dec 09, 2012 - 02:33 AM Reply with quote Back to top
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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
PostPosted: Dec 09, 2012 - 03:19 AM Reply with quote Back to top
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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
PostPosted: Dec 09, 2012 - 05:33 AM Reply with quote Back to top
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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
PostPosted: Dec 09, 2012 - 08:16 AM Reply with quote Back to top
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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
PostPosted: Dec 09, 2012 - 11:06 AM Reply with quote Back to top
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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 Very Happy

* 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
PostPosted: Dec 09, 2012 - 04:45 PM Reply with quote Back to top
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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.
...
Oh, you meant for Canada specifically?
I can't really speak to that. Too much I don't know about the specific international interactions.

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closetohome
PostPosted: Dec 11, 2012 - 12:01 AM Reply with quote Back to top
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Thanks for the replies everyone
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