MONTREAL --- Canada's federal government is expected to take a decision in early December on new fixed-wing search-and-rescue aircraft, with Airbus Group SE's C-295 and Leonardo Aircraft's C-27J Spartan emerging as front-runners, two aerospace industry sources familiar with the matter said.
The federal Treasury Board is expected on Dec. 8 to authorize the government to enter into a contract with the winning bidder for the purchase and in-service support of aircraft, a third industry source said on Thursday.
All three sources spoke on condition of anonymity because the deal is not public and the timing of the Treasury Board decision could be changed.
The value and number of aircraft in the procurement have not yet been made public, a spokesman for Canada's National Defence Department said. The value of the deal, including the acquisition and in-service support, has been estimated in media reports at about C$3 billion ($2.22 billion). (end of excerpt)
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