Boeing contracts in Quebec exceed $420 million

The Boeing Company has provided contracts worth more than $420 million to companies in Quebec. The announcement follows the Canadian government’s 2007 order for four C-17 Globemaster IIIs, the first two of which already are in service with Canadian Forces.

As part of the C-17 acquisition contract, Boeing agreed to match the purchase price of the four aircraft with dollar-for-dollar investments back into the Canadian economy through a C-17 IB program coordinated by Industry Canada. Boeing already has identified more than 66 percent of its total C-17 IB program obligations.

Boeing will identify the remaining 34 percent of IB obligations over the next three years. Boeing also agreed to a collateral agreement that provides further industry benefits worth $750 million over 20 years for the in-service support of the C-17 fleet.

Email Post to a Friend Email Post to a Friend

Leave a Reply