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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRAF | BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BDRPF | BOMBF | BDRXF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Post by clubhouse19on Dec 04, 2023 9:54am
244 Views
Post# 35766830

The Financial Post

The Financial Postwent all out with the negative headline..

Nothing like pixxing on your own and concentrating on the past like many on this board.

  FP/wire say Boeing gets the nod, Bombardier gets zip
The Financial Post reports in its Friday edition that Canada is ordering up to 16 military surveillance aircraft from Boeing in a contract valued at as much as $6-billion (U.S.). A Bloomberg dispatch to the Post says that the U.S. State Department has already approved the potential sale of the U.S. Navy's top sub-hunting aircraft, a modified Boeing 737 commercial jetliner called the P-8 Poseidon. The U.S. Senate must also sign off on the deal to Canada. The new jets would replace Canada's aging fleet of Lockheed Martin CP-140 Aurora aircraft at a time when Russia and China are showing increased interest in the Arctic region. The P-8 Poseidon faced a late challenge from Montreal-based Bombardier, which called for an open and "fair" procurement process as he tries to jumpstart a new defence business. Over the past few months Bombardier executives touted a militarized version of its Global 6500 business jet as a "made-in-Canada solution" that would showcase Canada's defence innovation. The firm partnered with General Dynamics in May to develop the aircraft's military equipment. However, the proposed model exists only on paper, which adds to the risk of delays or other new-aircraft pitfalls that Bombardier is famous for.

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