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Bombardier CEO fears US could target firm if Canada scraps jet deal
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Bombardier CEO fears US could target firm if Canada scraps jet deal
Mar 17, 2025 11:59 AM

MONTREAL, March 17 (Reuters) - Bombardier CEO Eric

Martel said on Monday he was concerned Washington could target

the company's U.S. contracts if Canada cancels a C$19-billion

contract 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.

Last October, Bombardier's defense arm 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.

Martel said if the U.S. did impose tariffs that affect the

company's deliveries, one option for Bombardier would be to

focus on deliveries first to non-U.S. clients, given it has a

long order backlog.

He said he does not see U.S. tariffs on planes as likely or

lasting a long time if applied.

Canada's Defense Ministry, acting on a request from new

Prime Minister Mark Carney, said it has made a legal commitment

of funds for the first 16 F-35 aircraft but cited "the changing

environment" as the reason for the review.

"I am there to defend Bombardier, but I understand why the

new prime minister is asking these questions," Martel said.

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