MONTREAL (Reuters) – Bombardier Inc Chief Executive Officer Eric Martel said on Tuesday the company’s defense business involving special mission business jets could grow to a possible $1 billion in annual revenues from a ‘fraction’ of it right now.
“Today it’s a fraction … and we can see this growing quite significantly to become a billion, maybe even bigger than that,” Martel said at Aero Montreal’s international aerospace forum.
Martel did not specify a timeframe and the company does not disclose current revenues for its defense business.
(Reporting by Allison Lampert in Montreal)