Welcome to our dedicated page for Bombardier B news (Ticker: BDRBF), a resource for investors and traders seeking the latest updates and insights on Bombardier B stock.
Bombardier Inc. (BDRBF) is an aircraft manufacturing company that focuses on business aviation, with Challenger and Global jets at the core of its portfolio. The company’s news flow reflects activities across aircraft development, manufacturing, services, defense programs and corporate finance. Readers of this page can follow how Bombardier describes the evolution of its products, facilities and capital structure over time.
Recent announcements from Bombardier have covered topics such as the certification and entry into service of the Global 8000 ultra‑long‑range business jet, which the company highlights for its speed, range and cabin characteristics. Other news has detailed investments in manufacturing infrastructure, including a new manufacturing centre in Dorval and the Global Aircraft Assembly Centre in the Greater Toronto Area, as well as service network expansion with a major facility under construction at Al Bateen Executive Airport in Abu Dhabi.
Bombardier’s communications also include updates on government and defense‑related contracts, such as the purchase of Global 6500 aircraft by the Government of Canada for multi‑mission air transport and the use of Global 6000 platforms in the PEGASUS airborne signals intelligence program in Germany. Financial and capital markets news has highlighted debt redemptions, deleveraging progress and credit rating changes from agencies like Moody’s and S&P.
On this BDRBF news page, investors and aviation observers can review company press releases related to aircraft programs, service initiatives, defense collaborations, sustainability disclosures and financing activities. The feed offers a consolidated view of how Bombardier presents its strategy and operations across business jets, services and defense applications.
Bombardier Defense has delivered its first Global 6500 aircraft to the U.S. Army's High Accuracy Detection and Exploitation System (HADES) program. The ceremony took place at Bombardier's U.S. Headquarters in Wichita, Kansas. The aircraft will enhance the Army's aerial deep sensing capabilities as part of its intelligence, surveillance and reconnaissance (ISR) modernization efforts. The Global 6500 offers superior performance with up to 18 hours of endurance, 750 flight hours between maintenance, and 99.83% dispatch reliability. The platform flies higher, faster, and farther than legacy airborne sensor platforms, providing significant advantages for military ISR missions.
Bombardier has appointed Caroline Maso as Chief Human Resources Officer, effective early 2024. Maso brings nearly 25 years of aerospace industry experience and will report to CEO Éric Martel. She previously served as Senior VP of HR at AtkinsRéalis and held executive positions at Pratt & Whitney. Maso will succeed Dan Brennan, who will retire on June 30, 2025, after joining in 2017. Brennan will support Maso's transition and act as special advisor to the CEO. In her new role, Maso will lead Bombardier's worldwide HR practice, focusing on making the company a best-in-class employer across all operating countries.
Bombardier (BBD-B.TO) has announced its participation in two upcoming financial conferences in December 2024. The company will attend Bank of America's Leveraged Finance Conference on December 3 in Boca Raton, Florida, represented by Francis Richer de la Flèche and Anna Marie Westerdahl. The following day, December 4, Goldman Sachs' Industrials and Materials Conference in New York will feature Bart Demosky and Francis Richer de la Flèche. Interested parties can contact Investor Relations for more information about Bombardier's participation.
Bombardier's Global 7500 business jet has achieved over 75 speed records, including new routes from Miami to São Paulo, Tokyo to Los Angeles, and Los Angeles to Auckland. The aircraft features a top speed of Mach 0.925 and a range of 7,700 nautical miles, with notable achievements like Tokyo to Hong Kong in 3 hours 40 minutes and Los Angeles to Auckland in 11 hours 55 minutes. With a fleet of nearly 200 aircraft and over 200,000 flying hours, the Global 7500 sets industry standards in the ultra-long-range class. The upcoming Global 8000 aircraft, announced in 2022, will offer enhanced capabilities with an 8,000 nautical mile range and Mach 0.94 speed, with entry into service planned for 2025.
Bombardier reported strong Q3 2024 results with total revenues increasing 12% year-over-year to $2.1 billion, driven by record Services revenue of $528 million and favorable aircraft mix across 30 delivered units. The company achieved an Adjusted EBITDA of $307 million with a 14.8% margin. The backlog stood at $14.7 billion with a unit book-to-bill of 1.0. Available liquidity remained strong at $1.2 billion, further strengthened by a $150 million increase in its secured revolving credit facility to $450 million. The company maintains its position to meet full-year 2024 guidance.
Bombardier has received two prestigious Red Dot Awards for its new brand evolution in 2024. The company won the 'Red Dot: Best of the Best' award for Brands and Communication Design, and a 'Red Dot' prize for its logo redesign, the Bombardier Mach, which features an aircraft breaking the sound barrier. The brand evolution reflects Bombardier's focus on business jets, innovative spirit, and family values.
The award-winning work will be displayed at the Museum of Communication in Berlin from November 2024 to January 2025 and at the Red Dot Design Museum in Essen in Spring 2025. These accolades add to other 2024 recognition from Graphis Design, Brand Impact, and Transform North America.
Bombardier's Safety Standdown seminar returns to Wichita, KS for a three-day event from November 12-14, 2024, featuring the theme 'Elevate your Influence.' The free safety event, available both in-person and online, expects over 400 on-site attendees and hundreds more via webcast. The seminar offers safety knowledge-based training to all aviation professionals, regardless of aircraft type operated. Key presentations include insights from sports influence on aviation by Dr. Tony Kern, lessons from NTSB near misses, and aviation challenges analysis. Since its inception, over 10,000 aviation professionals have attended these seminars worldwide.
Bombardier Defense has delivered its eighth Global aircraft to the U.S. Air Force's Battlefield Airborne Communications Node (BACN) program. This delivery is part of a multi-year contract with a potential total value of nearly US$465 million. The BACN aircraft, designated E-11A, serves as a high-altitude communications gateway, enabling enhanced situational awareness and interoperability between air and land forces. A ninth aircraft is scheduled for delivery in 2025.
The Global aircraft platform was chosen for its speed, agility, and low operating costs, making it suitable for specialized missions. Known as 'Wi-Fi in the sky,' these aircraft can relay voice and tactical data, overcoming obstacles like mountains and terrain.
Bombardier celebrates a significant milestone with the delivery of its 100th Challenger 3500 aircraft, marking the fastest platform to reach 100 deliveries in the super-midsize category since its 2022 service entry. The aircraft features the widest-in-class cabin with a remarkable 99.8% dispatch reliability.
The Challenger 3500 introduces innovative features including Bombardier's patented Nuage seat, voice-control capability, 4K entertainment, wireless chargers, and a bring-your-own-device cabin philosophy. The platform has become a preferred choice for charter operators and corporations worldwide, offering unmatched versatility and the lowest direct operating costs in its class.
HENSOLDT, Lufthansa Technik Defense, and Bombardier Defense announced the successful first flight of the PEGASUS aircraft from Bombardier's Wichita facility. The aircraft, a modified Global 6000, is part of Germany's airborne surveillance program and will integrate HENSOLDT's Kalætron Integral SIGINT system for signal surveillance missions.
This milestone marks the first of three aircraft destined for the German Bundeswehr. The aircraft will undergo further flight testing at Bombardier's Wichita Flight Test Center before moving to Hamburg for systems integration and certification by Lufthansa Technik Defense. The project, awarded to HENSOLDT in June 2021, involves extensive collaboration between the three companies and various suppliers across Germany, Canada, and the U.S.
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