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Bombardier Inc (2)
Symbol BBD
Shares Issued 87,005,015
Close 2023-11-10 C$ 51.34
Market Cap C$ 4,466,837,470
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Bombardier delivers seventh Global aircraft to Saab

2023-11-13 02:30 ET - News Release

Mr. Jean-Christophe Gallagher reports

BOMBARDIER DEFENSE DELIVERS SEVENTH GLOBAL AIRCRAFT FOR SAAB'S GLOBALEYE AIRBORNE SURVEILLANCE SOLUTION

Bombardier Inc.'s Bombardier Defense has delivered its seventh Global aircraft to defence and security company Saab, ready to be transformed into Saab's airborne early warning and control solution known as GlobalEye. This new delivery comes as the two companies attend the Dubai Air Show 2023, where Bombardier presents its versatile Global and Challenger business jets to the Middle East market, and Saab showcases the leading capability of GlobalEye.

Bombardier's latest Global aircraft delivery is destined to join the Swedish Air Force and will be Saab's second GlobalEye aircraft to join Sweden's military fleet. The seven aircraft delivered by Bombardier to the GlobalEye program highlights a successful collaboration and echoes Bombardier's thriving, long-standing reputation manufacturing specialized aircraft for the defence industry.

"More and more countries are preparing for the future by choosing modern, more efficient business jets as strategic assets for their military fleet," said Jean-Christophe Gallagher, executive vice-president, aircraft sales, Bombardier Defense. "With the rapid progression of technologies, there is a growing realization that business jets, such as our Global aircraft, can seamlessly integrate the equipment and capabilities that were traditionally carried by commercial aircraft."

In addition to offering lower operating costs than commercial aircraft, Global business jets have takeoff and landing capabilities that allow them to fly in and out of more strategic locations. The agility granted by the steep approach certification and the advanced wing design of the Global aircraft are an advantageous feature to airborne surveillance platforms, designed for long-range air, maritime and ground surveillance.

As such, Saab's GlobalEye incorporates some essential attributes of the Global business jet, including over 11 hours of operational endurance, state-of-the-art avionics and class-leading maintenance intervals. Paired with ample cabin space for workstations and mission equipment for ideal crew conditions, the Global aircraft is perfectly suited for situational awareness missions of large areas.

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 in Quebec, 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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