Page 3 - Eric Martel News Today

Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) had its target price lowered by analysts at CIBC from C$62.00 to C$60.00 in a research note issued on Wednesday, BayStreet.CA reports. The firm currently has a “neutral” rating on the stock. CIBC’s target price suggests a potential upside of 9.17% from the stock’s current price. […]

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MONTREAL — Bombardier Inc. will not contest the federal government's decision to replace the military's aging patrol planes with aircraft from U.S. rival

Bombardier Inc. will not contest the federal governments decision to replace the militarys aging patrol planes with aircraft from U.S. rival Boeing Co., the Quebec jet maker says.

Breaking News, Sports, Manitoba, Canada

The Boeing deal will cost Ottawa more than $10.4 billion in total, with the new airplanes expected to land in 2026 and 2027.

MONTREAL - Bombardier Inc. will not contest the federal government's decision to replace the military's aging patrol planes with aircraft from U.S. rival Boeing Co., the Quebec jet maker says.

Bombardier says it remains disappointed it was not allowed to bid on the contract but that it will focus on building relationships between its own industry and the Canadian Armed Forces

The announcement comes after Ottawa rejected the concept and awarded a multi-billion dollar contract for new maritime patrol planes to U.S. giant Boeing

Questions linger over whether Boeing can manufacture the Poseidons on time.