Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

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

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... see more

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TSX:BBD.A - Post Discussion

Bombardier Inc. > I love the smell of bacon

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Post by Truthifest on Apr 19, 2022 3:19pm

I love the smell of bacon

From the Wichita presentation just now:

Bomba announces the conversion of options to firm orders for it's sales to the US gov of the defense plane.

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Comment by Truthifest on Apr 19, 2022 3:40pm

The Major General said that's 3 planes. At the end of his speech, he also said he looks forward to buying more planes. If he means more than the 3 converted to firm orders, that would be great. Oh, and the reason Martel wasn't there is because of weather travel delays.

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Comment by stockitnow on Apr 19, 2022 4:22pm

Military contracts have higher EBIT and the best part is the airplane is delivered to customer as a green airplane with very minimal customization from Bombardier. This avoids aircraft being stuck at completion center waiting to get delivered and paid.

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Comment by Truthifest on Apr 19, 2022 4:28pm

Excellent. And here's part of the PR released later. Makes it clear the Company is more aggressively approaching the defense biz: "Wichita is also home to the newly renamed Bombardier Defense, reflecting the company’s strategic expansion of its existing Specialized Aircraft division. The expanding defense market is a key area of growth for the company. With the reinvented ...more

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