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Canada Boeing regulates a $ 19 billion fighter jet contract

© Reuters. FILE PHOTO: The Boeing logo is displayed at the Latin American Business Aviation Conference and Exhibition (LABACE) at Congonhas Airport in Sao Paulo on August 14, 2018. REUTERS / Paulo Whitaker / File Photo

OTTAWA (Reuters) – Canada has formally excluded Boeing (NYSE 🙂 Co. from a multi-billion dollar contract to supply 88 new fighter jets, the Canadian Press said on Thursday, citing industry and government sources.

Confirmation only means a decision Lockheed Martin Corp (NYSE 🙂 and Sweden remain in the Saab AB race. Ottawa says it plans to make a decision on a contract worth $ 19 billion ($ 15 billion) next year.

($ 1 = 1.2649 Canadian dollars)

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