13:35:59 EDT Mon 06 Apr 2026
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Boeing CDR (CAD Hedged)
Symbol BA
Shares Issued 1,650,000
Close 2026-04-02 C$ 34.88
Market Cap C$ 57,552,000
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Globe says Boeing sees Airbus pitch feds on defence

2026-04-06 05:56 ET - In the News

The Globe and Mail reports in its Friday edition that Airbus SE has its sights on winning more defence work from the federal government in the years ahead as the European aerospace giant pushes to deepen its relationship with Canada, already one of the company's key global hubs for commercial aircraft assembly. The Globe's Nicolas Van Praet writes that Guillaume Faury, the company's chief executive officer, met last week with senior lawmakers in Ottawa in a bid to better understand the government's defence industrial strategy and its objectives. He said he came away believing Airbus can be "a very good partner" with Canada, and build on its existing presence in the country. "Canada is now at a turning point moment" in its military sovereignty and has to strike co-operative agreements with like-minded allies to achieve its goals, Mr. Faury told reporters in Montreal. "It seems to me that it is very legitimate for Canada and Airbus to have things to do together and to write a long-term road map." Airbus sees the most immediate opportunities in helicopter manufacturing in the near term. The company builds several different types of helicopters for more than 140 armed forces across the world, including attack aircraft.

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