(MENAFN) Canada is set to select Airbus Group to provide search-and-rescue (SAR) aircraft, while beating Italy's Leonardo in winning the deal.
According to sources familiar with the matter, a formal decision to be announced on Thursday, as both Airbus and Leonardo declined to comment.
Earlier, Airbus Group and Leonardo Aircraft had emerged as the front runners for the Canadian contract, which media reports estimated will be worth USD2.3b.
On the other hand, the Canadian government has confirmed that the SAR aircraft procurement will allow the Royal Canadian Air Force to replace its current fixed-wing fleet of six CC-115 Buffalo aircraft and 13 CC-130H Hercules aircraft that are being used in Canada for search-and-rescue missions.
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