Airbus forms joint venture in bid for Canadian contract

January 13, 2016 8:17 PM

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Airbus Defense and Space has formed a joint venture with a Canadian company to strengthen its bid to replace Canada's search-and-rescue aircraft fleet.

TOULOUSE, France, Jan. 13 (UPI) -- Airbus Defense and Space and Canada's Provincial Aerospace have formed a joint venture company in a bid for a Canadian government contract.

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