Mr. Speaker, in his comments, my colleague asked for some help, so I will give him a bit of help.
The cost of maintaining the F-35 will be approximately the same per year as the cost of maintaining the current F-18 fleet, which is about $250 million per year.
This is about jobs. I would invite the member to speak to the Canadian industry. The Canadian industry, the aerospace industry in particular, is absolutely thrilled with this program because it will have opportunities that it would never have had before for the next generation of technology and whatever comes beyond that.
We have looked at the alternatives. I covered that. Yes, we are not locked in. We were not locked into the program in 1997 or 2002 or 2006. We have stayed with the program because it is simply the best program out there. Ten countries have looked at the same program, the same options. We have had subject matter experts, civilian and military, looking at this at a very highly classified level for many years. They have all come to the same conclusion. So, we have looked at those alternatives.
When he talks about no penalties for getting out of the MOU, that is simply not true. We would have to negotiate our way out, which could cost, but probably would not, as much as $551 million. That is not chump change. We would lose our slots in the production line to the point where we may not be able to replace the F-18 on time. We would lose access to the intellectual property that we need to sustain the airplane over its life. If we are not in the MOU, we would not have access to that intellectual property. We would lose a lot of contracts that are in place now. They would be fulfilled for the small number, but we would lose those contracts with respect to following on for the global supply chain of 3,000 to 5,000 airplanes. And there is more.