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Bombardier to Acquire MHICA Assets in Mississauga, Ontario, Strengthening Bombardier’s Manufacturing Capabilities and Supply Chain

(Moderate)
(Positive)

Bombardier (OTC:BDRBF) agreed to acquire the assets of MHI Canada Aerospace (MHICA) from Mitsubishi Heavy Industries, subject to regulatory approvals and customary closing conditions, with closing expected later in 2026. The Mississauga, Ontario operation brings aerostructure manufacturing capabilities and an experienced team of about 750 employees into Bombardier’s network.

According to Bombardier, the deal will strengthen its in-house aerostructures capabilities, manufacturing footprint, supply-chain resilience and operational autonomy to support its aircraft programs and sustained customer demand. MHI plans to work closely with Bombardier to ensure an orderly transition and will provide transitional support after closing to maintain continuity for programs and MHICA employees.

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Positive

  • Acquisition of MHICA assets adds aerostructure manufacturing capabilities in Mississauga, Ontario
  • Approximately 750 MHICA employees to join Bombardier, expanding skilled workforce
  • Strengthens in-house aerostructures capabilities and supply-chain resilience for aircraft programs
  • MHI transitional support planned post-closing to help ensure orderly operational transfer
  • Reinforces Canadian manufacturing footprint and Bombardier’s role as a major aerospace employer

Negative

  • None.

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MONTRÉAL, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (Bombardier) and Mitsubishi Heavy Industries, Ltd. (MHI) are pleased to announce that they have entered into an agreement under which Bombardier will acquire the assets of MHI Canada Aerospace, Inc. (MHICA), located in Mississauga, Ontario. Subject to regulatory approvals and customary closing conditions, the transaction is expected to close later this year.

With this acquisition, Bombardier will add MHICA’s aerostructure manufacturing capabilities and its expert team of approximately 750 employees to support its industry-leading aircraft programs. The transaction further strengthens Bombardier’s in-house aerostructures capabilities, resilience and autonomy.

“This agreement represents a key step in Bombardier's long-term growth strategy, strengthening critical capabilities, enhancing operational resilience and supporting the company's flexibility to meet growing customer demand,” said David Murray, Executive Vice President, Manufacturing, Supply Chain Execution and Bombardier Operational Excellence (BOE) System, Bombardier. “MHI Canada Aerospace has built a highly respected operation with a talented and experienced team. With this acquisition, we are deepening our core manufacturing expertise as well as our commitment to proactively develop the local workforce through multiple streams in component manufacturing and whole aircraft assembly.”

MHI will work closely with Bombardier to support an orderly transition, with a shared objective of maintaining continuity and avoiding disruption to the aircraft programs. MHI will also provide transitional support for an interim period following closing to facilitate the transfer of operations and ensure continuity for MHICA’s employees and the operations in Mississauga.

“We are proud of what our employees have achieved at MHICA and of the important contributions they have made and will continue to make to these aircraft programs,” said Hiroyuki Koguchi, Executive Vice President, Head of Commercial Aviation Systems at MHI. “Together, we have built one of Canada’s aerostructures manufacturers, and this agreement ensures a bright future for our employees, whose skill, dedication and expertise have been central to MHICA’s success.”

“This transaction is fully aligned with Bombardier’s disciplined approach to investing in strategic capabilities that support our long-term priorities. It strengthens our manufacturing footprint, reinforces our supply chain and enhances our ability to meet sustained demand for our aircraft portfolio,” added Sandra Hodgkinson, Senior Vice President, Strategy and M&A, Bombardier. “This transaction is a win-win for both companies as well as for the MHICA employees who join the Bombardier family and will continue to grow the local aerospace industry.”

The transaction reinforces Bombardier’s position as one of Canada’s leading aerospace and defense employers and demonstrates the company’s continued commitment to investing in Canadian talent and manufacturing excellence. Likewise, MHI remains committed to the commercial aerospace and defense sectors and will continue to maintain a significant presence in Canada through its other business activities.

Transaction terms and conditions remain confidential to both parties.

About Bombardier

At Bombardier (BBD-B.TO), we design, build, modify and maintain the world’s best-performing aircraft for the world’s most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs.

For them, we are committed to pioneering the future of aviation—innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect. Because people who shape the world will always need the most productive and responsible ways to move through it.

Bombardier customers operate a fleet of more than 5,200 aircraft, supported by a vast network of Bombardier team members worldwide and 10 service facilities across six countries. Bombardier’s performance-leading jets are proudly manufactured in aerostructure, assembly and completion facilities in Canada, the United States and Mexico. In 2024, Bombardier was honoured with the prestigious “Red Dot: Best of the Best” award for Brands and Communication Design.     

For Information

For corporate news and information, including Bombardier’s Sustainability report, as well as the company’s initiative to cover all its flight operations with a Sustainable Aviation Fuel (SAF) blend utilizing the Book-and-Claim system visit bombardier.com.

Learn more about Bombardier’s industry-leading products and customer service network at bombardier.com. Follow us on X @Bombardier.

About Mitsubishi Heavy Industries Group

Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense.

MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world.
For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.

Media Contacts

Bombardier
General media contact webform

Christina Lemyre McCraw
+1-514-497-4928
christina.lemyremccraw@aero.bombardier.com

Bombardier, Global and Challenger are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

MHI

Corporate Communication Department
Mitsubishi Heavy Industries, Ltd.
Email: mediacontact_global@mhi.com


FAQ

What did Bombardier (BDRBF) announce about acquiring MHICA assets in Mississauga on September 1, 2026?

Bombardier announced an agreement to acquire the assets of MHI Canada Aerospace in Mississauga. According to Bombardier, the deal adds MHICA’s aerostructure manufacturing capabilities and approximately 750 employees, enhancing support for Bombardier’s aircraft programs and reinforcing its Canadian manufacturing and supply-chain footprint.

How many MHI Canada Aerospace (MHICA) employees will join Bombardier (BDRBF) through this acquisition?

Approximately 750 MHICA employees are expected to join Bombardier through the transaction. According to Bombardier, this expert team will deepen the company’s core manufacturing expertise and support multiple streams in component manufacturing and whole aircraft assembly at its Mississauga, Ontario, operation.

When is Bombardier’s acquisition of MHICA assets expected to close and what approvals are needed?

The acquisition is expected to close later in 2026, subject to regulatory approvals and customary closing conditions. According to Bombardier, completion depends on receiving required regulatory clearances and satisfying standard transaction conditions before integrating MHICA’s operations into its manufacturing network.

How will the MHICA acquisition affect Bombardier’s manufacturing capabilities and supply chain (BDRBF)?

The MHICA acquisition is intended to strengthen Bombardier’s in-house aerostructures capabilities and supply-chain resilience. According to Bombardier, integrating MHICA’s Mississauga operations will enhance operational autonomy, manufacturing flexibility and the ability to meet sustained customer demand for its business aircraft portfolio.

What support will Mitsubishi Heavy Industries provide after Bombardier acquires MHICA assets?

Mitsubishi Heavy Industries will work closely with Bombardier to support an orderly transition and provide transitional support for an interim period following closing. According to Bombardier, this cooperation aims to maintain continuity for aircraft programs, MHICA’s employees and ongoing operations in Mississauga, Ontario.

Were the financial terms of Bombardier’s acquisition of MHI Canada Aerospace (MHICA) disclosed to BDRBF investors?

The financial terms of the MHICA asset acquisition were not disclosed. According to Bombardier, the transaction terms and conditions remain confidential to both parties, so investors do not currently have visibility into the purchase price or detailed financial structure of the deal.