The Financial Post reports in its Saturday, May 2, edition that chief executive officer Eric Martel says Bombardier has delivered on its five year turnaround plan after generating the highest level of free cash flow in nearly two decades during its recently completed first quarter. The Post's Barbara Shecter writes that Bombardier now expects free cash flow to exceed $1-billion, revising an earlier forecast of between $600-million and $1-billion. Revenue is still expected to come in at more than $10-billion with more than 157 aircraft deliveries. Mr. Martel says: "Bombardier defence represents a significant growth opportunity. The fundamentals of demand remain strong, and we see opportunities to expand our presence on this market." National Bank Financial analyst Cameron Doerksen said Thursday that Bombardier's defence segment has "momentum," particularly following reports last week that Saab AB's Globaleye early warning aircraft system would be selected to replace NATO's aging fleet of airborne early warning aircraft. Bombardier did not confirm or deny those reports and had little to say about earlier, widely touted talks with Saab about producing its Gripen fighter jet in Canada.