Bombardier CEO voices concerns over awarding Canada's defense contract to Boeing
Reuters
Published Dec 21, 2022 04:27PM ET
(Reuters) - Bombardier (OTC:BDRBF) Inc Chief Executive Eric Martel voiced concerns over Canada's potential plan to buy reconnaissance jets directly from Boeing (NYSE:BA) Co instead of tapping its home-grown aerospace industry through a bidding process.
"As President and CEO of Bombardier, I want to publicly share my concern that Canada, which is facing an important choice about the airborne surveillance of its vast borders, may be considering awarding a sole-source contract directly to Boeing."
Martel's comments come after a recent media report that Canada was considering a multi-billion dollar purchase of up to a dozen P-8 Poseidon aircraft from Boeing.
Martel pushed for Bombardier's jets, saying the Canadian planemaker's Global 6500 aircraft "will be the right-sized solution and will respond to Canada's needs".
Boeing did not immediately respond to a request for comment.
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Written By: Reuters
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