Bombardier Inc. T.BBD.A

The Globe and Mail

[Form001]

2023-11-08 08:38 ET - In the News

Also In the News (C-BA) Boeing CDR (CAD Hedged)

The Globe and Mail reports in its Wednesday edition that Industry Minister Francois-Philippe Champagne will not say whether the process to replace a fleet of aging military patrol planes will be an open-source bid, as Bombardier and the heads of Canada's two biggest provinces urge him to "level the playing field." A Canadian Press dispatch to The Globe says that on Tuesday, Mr. Champagne told reporters the federal government has so far steered clear of a determination on whether Montreal-based Bombardier will have a chance to submit a tender on new reconnaissance aircraft. "There is no decision made," Mr. Champagne said in French. "In military acquisitions, it is rarely very, very fast. It's complex, too." Considerations include cost, availability and capability. For months, Bombardier has been pushing Ottawa to put out a request for proposals as he promotes the company's still non-existent surveillance plane over a Boeing alternative -- the apparent front-runner. Bombardier joined earlier this year with U.S.-based General Dynamics on a patrol aircraft, a modified version of its Global 6500 business jet with submarine-hunting technology. Canada's 14 CP-140 Aurora maritime patrol planes are set to retire in 2030.

[dreamer05]

Do you think that the US Govt. would choose  to the  Bombardier's planes for the defence instead of the Boeing planes, I guess not. Who is the idiot to make that kind of dicision. It is about time for  the real Canadians to make his right choice. Be strong and make your correct decision Mr. P. Minister.

[Mauserintime945]

in Dom Perignon champagne there are at least bubbles

[Mauserintime945]

In military acquisitions, it is rarely very, very fast.

[Form001]

Poilievre devrait sauter sur l occasion. Surpris qu il ne l ait pas deja fait.

[Thebomber2023]

For Poilievre, the Bombardier file is less of a priority than scrapping the new C21 firearms law. In order not to remove and restrict the use of the new list of prohibited firearms. For target shooters and hunters.

[Form001]

Le cas de Bombardier est beaucoup plus spectaculaire.

[DrInvestor]

It has to be Bombardier ... the Libs know they will lose many votes otherwise. By the way, 52 week high coming before year end in my view.