Mr. Chair, that is a very complex question and it is going to take a moment to respond.
Our strategic airlift capabilities are presently limited. When we purchase the strategic airlift, we will fulfill the requirements of our Canadian Forces for an independent and reliable transport capacity to support our operations. Acquiring strategic airlift will make for more effective deployments within Canada and significantly contribute to our Canada First defence strategy. It will also help fulfill a top NATO requirement and allow Canada to take a leadership role among its allies.
We looked at the aircraft available and we are confident that the C-17 is the only aircraft that meets our minimum acceptable requirements. Negotiations are under way with Boeing to acquire four C-17 Globemaster aircraft and Boeing will be required to invest in Canadian industry in an amount equal to the value of the contract.