Bombardier CEO fears US could target firm if Canada scraps jet deal [View all]
Earlier DU thread: Canada reconsidering F-35 purchase amid tensions with Washington, says minister
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Source: Reuters
Bombardier CEO fears US could target firm if Canada scraps jet deal
Allison Lampert
Mon, March 17, 2025 at 2:50 PM EDT·2 min read
MONTREAL (Reuters) -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 Canadian Club.
In October, Montreal-based Bombardier announced the delivery of an eighth jet to the United States Air Force as part of a deal with a potential value of $465 million. The aircraft carry specialized communications platforms.
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Read more: https://www.yahoo.com/news/finance/news/bombardier-ceo-fears-us-could-185005334.html