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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

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 Form001on Nov 08, 2023 9:08am
373 Views
Post# 35723247

The Globe and Mail

The Globe and Mail

2023-11-08 08:38 ET - In the News

Also In the News (C-BA) Boeing CDR (CAD Hedged)

The Globe and Mail reports in its Wednesday edition that Industry Minister Francois-Philippe Champagne will not say whether the process to replace a fleet of aging military patrol planes will be an open-source bid, as Bombardier and the heads of Canada's two biggest provinces urge him to "level the playing field." A Canadian Press dispatch to The Globe says that on Tuesday, Mr. Champagne told reporters the federal government has so far steered clear of a determination on whether Montreal-based Bombardier will have a chance to submit a tender on new reconnaissance aircraft. "There is no decision made," Mr. Champagne said in French. "In military acquisitions, it is rarely very, very fast. It's complex, too." Considerations include cost, availability and capability. For months, Bombardier has been pushing Ottawa to put out a request for proposals as he promotes the company's still non-existent surveillance plane over a Boeing alternative -- the apparent front-runner. Bombardier joined earlier this year with U.S.-based General Dynamics on a patrol aircraft, a modified version of its Global 6500 business jet with submarine-hunting technology. Canada's 14 CP-140 Aurora maritime patrol planes are set to retire in 2030.

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