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Dassault pulls out of race to supply Canada with jets – sources


© Reuters. Dassault pulls out of race to supply Canada with jets – sources

OTTAWA (Reuters) – France’s Dassault Aviation SA (PA:) has withdrawn its Rafale fighter from the race to supply Canada with 88 new military jets, three sources familiar with the matter said on Tuesday.

The move means that four manufacturers are left in the competition, which Canadian officials say will be worth between C$15 billion ($11.4 billion) and C$19 billion. Canada is due to issue its final requirement for the fleet next May.

($1 = 1.3130 Canadian dollars)

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