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Bombardier delivers 8th Global jet to U.S. Air Force BACN Program

Jocelyn Aspa Jocelyn Aspa, The Market Online
0 Comments| 2 hours ago

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  • Bombardier (TSX:BBD.A) has delivered the eighth Global jet to the U.S. Air Force as part of the BACN program, with a total contract value nearing US$465 million
  • The BACN-equipped Global jets, known as E-11A, serve as high-altitude communications gateways
  • The company has also delivered its 100th Challenger 3500 aircraft, marking the fastest delivery rate in history for a super-midsize business jet
  • Shares of Bombardier are down 2.51 per cent to C$102.72 as of 9:57 am ET

Bombardier (TSX:BBD.A) revealed Thursday that it has delivered the eighth Bombardier Global jet to the U.S. Air Force (USAF) as part of the Battlefield Airborne Communications Node (BACN) program.

In a news release, the company stated that the delivery is part of a multi-year contract valued at nearly US$465 million, which also includes a ninth aircraft scheduled for delivery in 2025.

“We are proud that Bombardier’s category-defining Global aircraft continue to be a platform of choice for the U.S. Air Force,” Jean-Christophe Gallagher, executive vice president of aircraft sales at Bombardier, said in a news release. “The speed, agility, and low operating costs of our Global jets make them ideally suited for specialized missions aimed at enhancing national and international security, such as the critical BACN program.”

According to the company, the BACN aircraft designated E-11A, serves as a specialized communications platform that enhances situational awareness and interoperability. Known as “Wi-Fi in the sky” by the USAF, BACN-equipped Global jets act as high-altitude communications gateways, relaying voice and tactical data between air and land forces, even in challenging environments such as mountains and rough terrain.

The company also revealed that it had delivered the 100th Challenger 3500 aircraft, which had entered service back in 2022.

“The entire Bombardier team is proud that our super-midsized jets have been the category’s best-sellers for more than a decade,” Gallagher said in a news release, additionally highlighting the aircraft’s spacious cabin and exceptional dispatch reliability of 99.8 per cent.

The Challenger 3500 emphasizes passenger comfort and well-being, featuring the widest-in-class cabin and innovative design elements. Additionally, the aircraft introduces several industry-first technologies, including voice control, advanced 4K entertainment, wireless chargers, and a bring-your-own-device cabin philosophy, solidifying its status as a cutting-edge aircraft in its class.

Bombardier designs, builds, modifies, and maintains high-performing aircraft for discerning clients across various sectors, including businesses, governments and militaries.

Shares of Bombardier (TSX:BBD.A) are down 2.51 per cent to C$102.72 as of 9:57 am ET.

Join the discussion: Find out what everybody’s saying about this stock on the Bombardier Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top image: Bombardier)




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