Latest news with #BombardierDefense
The Market Online
19 hours ago
- Business
- The Market Online
Bombardier Defense signs two-aircraft deal with Saab
Bombardier Defense received a firm order from longtime partner Saab for two Global 6500 aircraft Bombardier designs, builds, modifies and maintains a line of jets for individuals, businesses, governments and militaries around the world Bombardier stock has added 23.01 per cent year-over-year and 552.62 per cent since 2020 Bombardier Defense, a division of jet maker Bombardier (TSX:BBD.A), received a firm order from longtime partner Saab for two Global 6500 aircraft. The Global 5000 offers a top speed of 956 km/h and a maximum range of 12,223 km and features a fixed-wing platform that flies 'faster, longer and higher than legacy airborne sensor platforms,' offering 'a significant advantage to governments and militaries,' according to Friday's news release. The aircraft's steep approach certification and advanced wing design also facilitate access to legacy commercial platforms, optimizing flexibility during mission-critical situations. Micael Johansson, president and CEO of Saab, and Eric Martel, president and CEO of Bombardier, at the Paris Air Show 2025. (Source: Bombardier) Bombardier Defense focuses on unmet needs in urgent humanitarian assistance, head of state transportation, maritime patrol and search and rescue, among other markets, leveraging a team with a skill-set spanning more than 500 special mission aircraft and over 3 million fleet hours. The order follows the companies' collaboration on the GlobalEye airborne early warning and control system, initially announced in 2016, which integrates Bombardier's Global 6000 and 6500 aircraft. Leadership insights 'Through Bombardier Defense, the Global 6500 aircraft is the go-to strategic asset for governments around the world looking to modernize and strengthen their defense capabilities,' Eric Martel, president and chief executive officer of Bombardier, said in a statement. 'Bombardier Global aircraft are ideally suited for the most demanding missions, with proven flexibility, reliability, power generation, range and ability to operate at high altitudes.' About Bombardier Bombardier designs, builds, modifies and maintains a line of jets for individuals, businesses, governments and militaries around the world. Its customers operate a fleet of more than 5,100 aircraft supported by 10 service facilities across six countries. The company operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Bombardier stock (TSX:BBD.A) last traded at C$106.05. The stock has added 23.01 per cent year-over-year and 552.62 per cent since 2020. Join the discussion: Find out what everybody's saying about Bombardier's deal with Saab on the Bombardier Inc. Bullboard 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.
Hamilton Spectator
5 days ago
- Business
- Hamilton Spectator
Bombardier's Record-Setting Global 7500 Aircraft Earns New Speed Record Between Montréal and Paris
PARIS, June 16, 2025 (GLOBE NEWSWIRE) — Bombardier is proud to announce that its flagship aircraft, the Global 7500 , has set a new speed record on a mission departing from Pierre Elliott Trudeau International Airport in Montreal, and landing at Paris-Le Bourget Airport. The Global 7500 , renowned for its unparalleled capabilities, logged another record with a top speed of over 1,000 km/hr during its flight to Paris and completed the record in 5 hours and 30 minutes. This accomplishment comes as the Bombardier team is gearing up to host customers at the International Paris Air Show, with the company's presence anchored by Bombardier Defense. 'The Global 7500 performs at the highest levels across the board, in real-world situations. Bombardier takes great pride in completing meaningful speed records, like this latest one, during regular day-to-day operations with passengers, baggage and cargo, setting it apart from peers,' said Éric Martel, President and CEO of Bombardier. 'As we are getting ready for the entry into service of the Global 8000 aircraft later this year, the Global 7500 aircraft keeps demonstrating its superiority on all fronts, from its signature smooth ride to its industry-leading performance and landing capabilities.' Bombardier has a proud history of setting speed records with the Global 7500 . Only a few weeks ago, the Global 7500 reclaimed the speed record from Paris to Montreal, completing the flight in less than 6 hours. Previous achievements include breaking the record for the longest mission ever flown by a purpose-built business jet, covering 8,225 nautical miles non-stop from Sydney to Detroit. These milestones underscore Bombardier's commitment to innovation and excellence in aviation. Designed with the needs of business travelers in mind, the Global 7500 offers maximum range of 7,700 nautical miles and is designed to offer unmatched long-haul travel capabilities. It boasts a spacious and refined cabin that can be customized to suit the preferences and needs of each customer. The aircraft features four distinct living spaces, including a full-size kitchen, providing the ultimate comfort and convenience. Its state-of-the-art connectivity options and ergonomic seating make it an ideal environment for productivity and relaxation, ensuring that passengers arrive at their destination refreshed and ready to take on their business endeavors. About Bombardier At Bombardier ( 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 5,100 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 . Learn more about Bombardier's industry-leading products and customer service network at . Follow us on X @Bombardier. Media Contacts General media contact webform Christina Lemyre McCraw +1-514-497-4928 Bombardier, Global, Global 7500 and Global 8000 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries. A photo accompanying this announcement is available at
Yahoo
25-03-2025
- Business
- Yahoo
Bombardier Defense Announces Order of Two Challenger 650 Aircraft Destined for Intelligence, Surveillance and Reconnaissance missions in Australia
Principle Finance, a renowned provider of customised operating lease for aircraft in Australia, placed an order for 2 Challenger 650 aircraft. Purchase was confirmed during a signing ceremony at the opening of the Avalon Australian International Airshow in Australia. Through this agreement, Bombardier Defense continues to expand its presence in Australia and the Asia-Pacific Australia, March 25, 2025 (GLOBE NEWSWIRE) -- Bombardier Defense is pleased to announce that Principle Finance, a renowned provider of customised operating lease for aircraft in Australia, has acquired two Bombardier Challenger 650 aircraft destined for Intelligence, Surveillance and Reconnaissance (ISR) missions in Australia. The delivery of both aircraft is planned for 2026. 'This purchase represents a major milestone for Bombardier Defense, increasing our presence in Australia and the Asia-Pacific region. Our aircraft are the platform of choice not only due to their reach, persistence and performance, but also due to the large accessibility of our services and support ecosystem in the country,' says Jean-Christophe Gallagher, Executive Vice President, Aircraft Sales & Bombardier Defense. 'This represents an undeniable advantage and flexibility to operators.' 'We are excited to integrate the Bombardier Challenger 650 into our fleet, leveraging its exceptional performance and reliability, which will play a crucial role in our future operations. This platform allows us to enhance our surveillance reach and effectiveness, ensuring we stay ahead in the rapidly evolving defense landscape,' says Harrison Langrell, Managing Director of Principle Finance. Bombardier's high-performing Challenger 650 aircraft are appreciated for their outstanding short-field performance and proven reliability in the mid-sized jet category. The aircraft configured for business jet use can achieve an endurance of up to 11 hours, with a dispatch reliability of over 99.9% and an impressive range of 4,000 nm (7,408 km). Challenger 650 aircraft are also considered an ideal choice for ISR missions by flying higher, faster and farther than legacy airborne platforms ensuring the coverage of expansive territories, and offering performance comparable to large maritime patrol aircraft at fractions of their purchase and operating costs. This aircraft offers the right flexibility to complete missions in challenging environments, with an optimal payload capacity for customized mission specific equipment, a strategic advantage for next-generation solution development. Bombardier's Australian footprint has seen a considerable increase over the past few years. The company recently announced a new Line Maintenance Station (LMS) in Perth, bringing the total worldwide LMS presence to 10. The services and support ecosystem in the country began with the opening of the Melbourne Service Center in 2022, allowing the company to better serve the existing fleet in the region. In May of 2024, Bombardier Defense opened its first international office in Adelaide, Australia, to provide an enhanced level of service to its special mission customers in this important Asia-Pacific market. On top of providing exceptional platforms, Bombardier Defense has dedicated in-house engineering and support teams available 24/7 worldwide. Bombardier Defense's teams also have the ability to incorporate modifications tailored to the customers' needs with complete certification capabilities across the full spectrum of civilian, military and hybrid operations. Bombardier brings decades of experience working with special mission operators and renowned mission systems integrators to adapt its proven platform for critical operations worldwide. To promote the expanding presence in the region, members of the Bombardier Defense and Bombardier Customer Services and Support teams are attending the Avalon Airshow and will be present at the Chalet #E22 in Avalon, Australia, until March 30th, 2025. About Bombardier At Bombardier ( 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 5,100 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 Environmental, Social and Governance 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 Learn more about Bombardier's industry-leading products and customer service network at Follow us on X @Bombardier. Media Contacts General media contact webform Arevig AfarianCommunications Advisor, Bombardier Defense+ Harrison LangrellManaging Director, Principle Finance+61 452 363 420harrison@ Bombardier, Bombardier Defense, Challenger and Challenger 650 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries. A photo accompanying this announcement is available at in to access your portfolio
