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Bombardier Inc (2)
Symbol BBD
Shares Issued 87,005,015
Close 2023-10-06 C$ 46.26
Market Cap C$ 4,024,851,994
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Bombardier thanks Quebec for the motion of support

2023-10-06 16:28 ET - News Release

Mr. Eric Martel reports

STATEMENT FROM ERIC MARTEL, PRESIDENT AND CHIEF EXECUTIVE OFFICER, BOMBARDIER

"On behalf of Bombardier [Inc.], our 17,000 employees and our coast-to-coast supply chain, I applaud the unanimous motion passed yesterday in the National Assembly of Quebec urging the federal government to follow an open procurement process in awarding the Canadian multimission aircraft contract (CMMA). Further to the premiers of Ontario and Quebec joining forces last July to call on the federal government to launch a fair procurement process, this latest action from the National Assembly of Quebec clearly demonstrates the importance of the aerospace industry in our country.

"Bombardier's made-in-Canada solution is based on the proven and reliable Global 6500 business jet, which is supported by an extensive Canadian supply chain, including more than 40 suppliers from Quebec's rich aerospace ecosystem. Furthermore, allowing Bombardier and its partners to bid on the CMMA project will showcase Canada's expertise and defence innovation on the world stage.

"Bombardier's next-generation solution will ultimately bring better value, better performance and better long-term economic impact for Canadians. We look forward to proudly presenting our bid, and seek clarity on a time frame for a tender as part of a fair and lawful government process."

About Bombardier Inc.

Bombardier is a global leader in aviation, focused on designing, manufacturing and servicing the world's most exceptional business jets. Bombardier's Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft is also trusted around the world in government and military special mission roles leveraging Bombardier Defense's proven expertise.

Headquartered in greater Montreal, Que., Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company's 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, Italy, Austria, the United Arab Emirates, Singapore, China and Australia.

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