Bombardier Inc. T.BBD.A

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

Industrials Aerospace & Defense

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.

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Post by Shamhorishon Sep 08, 2022 8:09am

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Post# 34948835

Maybe even bigger than that," Martel said

[url=https://finance.yahoo.com/news/bombardier-ceo-sees-significant-growth-

145700875.html]LINK[/url]\

Bombardier CEO sees significant growth of defense jets business

Tue, September 6, 2022 at 10:57 AM

ONTREAL (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)