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Search-and-rescue aircraft budget jumped more than $1 billion, but DND didn't tell bidders

from National Post

The Canadian government made a last-minute, billion-dollar change to how much it was willing to spend on its new search-and-rescue aircraft fleet, but didn’t bother informing the bidders trying to win the contract to build the planes of the change in budget. In December, the federal government announced it would spend $4.7 billion to buy a fleet of C-295 planes from Airbus, including long-term support for the planes. The losing bidder, Italian aerospace firm and Airbus rival Leonardo, had been under the impression Canada could only afford to spend $3.4 billion, so had tailored its bid to that amount. more

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