Canada to Axe Boeing Fighter Purchase as Trade Dispute Heats Up
Canada is reportedly planning to cancel a plan to buy 18 Boeing (NYSE: BA) fighter jets, following through on threats to escalate a cross-border trade dispute with the U.S. aerospace giant. Boeing can survive the financial hit of one lost order, but needs to tread carefully to avoid things spiraling out of control.
The Canadian government intends to announce it will acquire a used fleet of older F-18 Hornet jets from Australia instead of buying new Super Hornet planes from Boeing, according to Reuters. The move is a response to Boeing launching a trade challenge accusing Montreal-based Bombardier (NASDAQOTH: BDRBF) of selling its CSeries passenger jet in the U.S. market at a drastically discounted price.
F-18 Super Hornet. Image source: Boeing.
Source: Fool.com
Boeing Co. Aktie
Derzeit ist die Community gegenüber der Boeing Co. Aktie mit 30 Buy-Einschätzungen und 5 Sell-Einschätzungen positiv gestimmt.
Ein Kursziel von 233 € für Boeing Co. signalisiert eine potenzielle Steigerung von über 20% gegenüber dem aktuellen Kurs von 165.4 €.
