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An RCAF CF-18 takes off from CFB Bagotville, in Quebec, on June 7, 2018.Andrew Vaughan/The Canadian Press

Canada on Friday said it had received three bids in a multibillion-dollar contest to supply the country with 88 new fighter jets, with a final contract to be awarded in 2022 and first delivery as early as 2025.

The proposals were from a Saab AB-led consortium, Lockheed Martin Corp with Pratt & Whitney, and a Boeing Co-led consortium, Public Services and Procurement Canada said in statement.

The contract is worth between $15-billion and $19-billion. The process had been delayed by the COVID-19 pandemic.

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