Mr. Chair, just in case the member has not been tracking our defence policy or the discussions we have been having here with the official opposition, we actually have right now an open and transparent competition to replace all the fighters. In fact, we are buying more aircraft than what the previous government wanted, 88, so that we can actually meet our NORAD and NATO commitments simultaneously.
We have budgeted for this. We actually have the money to be able to purchase these jets. That is what we have committed to in our defence policy. The RFP will be out. A lot of good work has been done on this, making sure that we actually have the right requirements so that, when the competition goes through, the best jet is going to be selected.
When it comes to the interim fleet, our legacy fleet, we do still have missions to fly. Our air force is conducting air policing in Romania and Iceland as well as our NORAD mission. Our sovereignty is important, so we are investing in the legacy fleet. This is one of the reasons we have to purchase interim jets. I am very happy that we were able to move on this very quickly with Australia.
We have investments that will be going into the legacy fleet. We will be upgrading them. With those investments that we will be making, then it will be in line with the PBO's report. That work is ongoing to make sure the current fleet is upgraded for the appropriate equipment, whether it is on the radar systems or the weapons. We want to make sure we invest in our legacy fleet because we do have missions to fly.
I want to stress the fact that all of the fighter aircraft will be replaced in an open and transparent competition that is already ongoing, and the RFP will be out shortly.