Business

Canada rules Boeing out of C$19 billion fighter jet contract – Canadian Press By Reuters

© Reuters. FILE PHOTO: The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker/File Photo

OTTAWA (Reuters) – Canada has formally excluded Boeing (NYSE:) Co from a multi-billion contract to supply 88 new fighter jets, the Canadian Press said on Thursday, citing industry and government sources.

If confirmed, the decision would mean only Lockheed Martin Corp (NYSE:) and Sweden’s Saab AB are left in the race. Ottawa says it intends to make a decision next year on a contract that could be worth up to C$19 billion ($15 billion).

($1 = 1.2649 Canadian dollars)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Source link

Related Articles

Back to top button