First F-35A flies. But will F-35s be good for Canada despite crippling cost overruns, stealth technology we will not be allowed to service and of little use for defence in Canadian airspace?
Why should Canada bail out the F-35 Money Pit? Of little use in Canada's airspace, the F-35 is described by US aerospace analysts as "too big to fail". In January, US Secretary of Defense Robert Gates said the F-35B "should be cancelled" if the costly delays of the main variant are not corrected within two years. The F-35 is the Lehmann Brothers of the US defense industry.