US EditionBombardier CEO fears U.S. could target firm if Canada scraps jet deal
- Bombardier CEO Eric Martel expressed concern that the U.S. could target the company's contracts if Canada cancels a $19-billion deal for F-35 fighter jets, stating, 'Effectively, we could be targeted.'
- Bombardier's defense arm delivered an eighth jet to the United States Air Force as part of a $465 million deal.
- Canada's Defense Ministry is reviewing its commitment for the F-35 aircraft due to 'the changing environment.'
- Martel indicated that while he defends Bombardier, he understands the questions raised by the new prime minister.
16 Articles
16 Articles
The director of the Canadian aircraft manufacturer Bombardier expressed concern over Canada’s decision to review a contract for dozens of F-35 fighter aircraft with Lockheed Martin, the country’s latest response to the US trade war. “Canceling the F-35s might be a good idea, but we must consider it,” Bombardier executive director Eric Martel told a business audience in Montreal. “We have contracts with the Pentagon. Will there be reciprocity?” B…
Bombardier CEO Fears US Could Target Firm If Canada Scraps Jet Deal
MONTREAL—Bombardier CEO Eric Martel said on Monday he was concerned Washington could target the private planemaker’s U.S. contracts if Canada cancels a C$19 billion ($13.30 billion) deal for 88 Lockheed Martin F-35 fighter jets. Canada, locked in a trade war with the United States, is reviewing the contract for the jets. “Effectively, we could be targeted. This is my concern,” Martel told reporters in Montreal after a speech hosted by the Canadi…
Jet maker Bombardier warns Canada that F-35 review may backfire
The head of Canadian jet manufacturer Bombardier Inc. raised concerns about Canada’s decision to review a contract to buy dozens of F-35 fighter jets from Lockheed Martin Corp., the country’s latest response to the trade war with the US. “Canceling the F-35s might be a good idea, but we need to think about it,” Bombardier Chief Executive Officer Eric Martel told a business audience in Montreal. “We have contracts with the Pentagon. Will there be…
Refusing to buy American fighter aircraft to respond to the Trump administration is a dangerous game, Bombardier warns. If this scenario is confirmed in Ottawa, the Quebec manufacturer fears being reprimanded by Washington, with whom he brews business.
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