Bombardier patrol planes would sport price tag 'competitive' with Boeing bid - BNN Bloomberg

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Bombardier patrol planes would sport price tag 'competitive' with Boeing bid - BNN Bloomberg
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The patrol planes Bombardier hopes could replace aging Canadian military aircraft will have a price 'competitive' with that of jets from rival Boeing, the Montreal-based company says.

The patrol planes Bombardier Inc. hopes could replace aging Canadian military aircraft will have a price"competitive" with that of jets from rival Boeing Inc., the Montreal-based company says.

That total is one Bombardier can compete with, said Bombardier vice-president of public affairs Pierre Pyun."We are absolutely convinced of that," he said in French, though the company declined to name a price. Bombardier’s plane, a modified version of the Global 6500 business jet equipped with tech and sensors from General Dynamics, so far exists on paper only, though the manufacturer says the aircraft will be ready by the early 2030s, in line with the government's needs.

The final decision will be based on capability and pricing as well as benefits to Canadian industry, it added. Citing a PwC report commissioned by Boeing, it said a contract would add $2.8 billion to the gross domestic product and furnish 22,650 jobs directly as well as $800 million in tax revenue.The aircraft giant's P8-A would sustain more than 2,900 jobs and generate $358 million in economic output in Canada annually, according to a Boeing-commissioned study by management consultants Doyletech Corp.

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