Boeing's Trade complaint against Canada may benefit Lockheed

Context: Canada has an order for 18 Super Hornet's with a possible expansion of that order in the future. The value of the purchase is US$2 Billion. The order is 5% of Boeing's defense order book.

Story: Following the anti-dumping allegation filed by Boeing against the C-Series support, the Defense Minister, Economic Dev Minister and Transport Minister have met with Lockheed, Siemens and EU/Airbus at the Paris Air Show.

Boeing argued at a hearing in Washington on Thursday that duties should be imposed on Bombardier's new larger C Series passenger aircraft, insisting it receives Canadian government subsidies that give it an advantage internationally.

Foreign Minister Chrystia Freeland: "Canada is reviewing current military procurement that relates to Boeing"

(Econ Dev Minister) Bains specifically cited Boeing's complaints to the U.S. Commerce Department about Canadian rival Bombardier as the reason for the snub. "We think that approach makes no sense, and we've been very clear about the fact that we reject those allegations that they're making,"

Boeing also had its invitation to a reception hosted by Canadian Ambassador to France Lawrence Cannon rescinded, said one source who spoke on condition of anonymity due to the sensitivity of the matter

Lockheed Martin, is hoping its F-35 stealth fighter will replace Canada's fleet of 138 CF-18s whenever a competition is launched. Meetings between Canadian officials and three other fighter-jet makers — French firm Dassault, Sweden's Saab and European consortium Eurofighter — were also scheduled.

Submitted June 20, 2017 at 09:33AM by wanmoar http://ift.tt/2sm9Ql7