BOMBARDIER INC B - BDRBF STOCK NEWS

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.

Bombardier has announced the commencement of manufacturing for key components of the first Global 8000 production aircraft at its facilities in Saint-Laurent, Red Oak, and Querétaro. Set to enter service in the second half of 2025, the Global 8000 will be the world's fastest and longest-range purpose-built business jet, with an industry-leading top speed of Mach 0.94 and a range of 8,000 nautical miles.

The aircraft features four living spaces, a separate crew rest area, and advancements in passenger comfort, including a Principal Suite with a full-size bed and stand-up shower. It also boasts revolutionary cabin features like entertainment control, connectivity, and Bombardier's l'Opéra directional audio sound system. Flight testing is progressing positively, and an upgrade option is available for existing Global 7500 aircraft owners.

Bombardier is set to showcase its industry leadership at NBAA-BACE 2024 in Las Vegas from October 22-24. The company will highlight its innovation, safety, sustainability, and excellence in business aviation. A key highlight of the event will be the presentation of NBAA's Meritorious Service to Aviation Award to Laurent Beaudoin, Chairman Emeritus, and Pierre Beaudoin, Chairman of the Board of Directors, during the opening keynote on October 22.

Bombardier will display its acclaimed Global 7500, Global 6500, and Challenger 3500 aircraft, along with a Challenger 300 Certified Pre-Owned (CPO) aircraft. The company's Services team will present its comprehensive services offering and support infrastructure. Bombardier will also host a press conference on October 21 at 9:20 AM to share the latest news, product updates, and program information.

Bombardier (TSX: BBD.B) has announced that it will release its financial results for the third quarter of 2024 on November 7, 2024. The company will hold a live presentation of the results, followed by a Q&A session with analysts. Éric Martel, President and CEO, and Bart Demosky, Executive VP and CFO, will lead the presentation.

The event is scheduled for 8:00 a.m. ET on November 7, 2024. Interested parties can access the presentation through a live webcast available on Bombardier's website, which will include relevant financial charts in both English and French. Alternatively, participants can join via telephone, with lines opening 15 minutes before the start time. Local dial-in numbers are provided for Montréal and Toronto, with separate conference IDs for English and French presentations.

Bombardier has announced the winners of its Diamond Supplier Program for 2023, recognizing 26 suppliers for their outstanding operational performance and commitment to quality. The awards ceremony will be held in Montréal on September 16, 2024. The program covers three categories: Production, Indirect Goods and Services, and Aftermarket.

Highlights include:

• Introduction of a new 'Outstanding Partnership' category, with RAMM Aerospace as the inaugural recipient
• Plans to launch an Environmental Sustainability Supplier Award next year
• Recognition of suppliers' role in fostering innovation and stability in Bombardier's supply chain

The Diamond Supplier Program aims to promote excellence and collaboration, driving mutual success for Bombardier and its suppliers.

Bombardier (TSX: BBD.B) has been recognized on the TSX30 list for the second consecutive year, highlighting its robust stock performance. The company achieved a 200% share price growth and a 208% market cap increase over a three-year period ending June 30, 2024. As the only aerospace company in the ranking, Bombardier's inclusion underscores its strong financial discipline and value creation for shareholders.

The company's success stems from its focus on designing, manufacturing, and servicing premium business jets. Bombardier has also expanded into Services, Defense, and pre-owned businesses, setting the stage for future growth. The firm plays a important role in the Canadian aerospace sector and leads in sustainable aviation initiatives, including the EcoJet research project and the use of sustainable aviation fuel (SAF) for all flight operations since 2023.

Bombardier (BDRBF) has announced its participation in three key industry conferences during September 2024. Executive Vice-President and CFO Bart Demosky will represent the company at the Jefferies Industrials Conference in New York on September 4 and the Morgan Stanley's 12th Annual Laguna Conference in Dana Point, CA on September 12. Additionally, Francis Richer de la Flèche, Vice-President of Financial Planning and Investor Relations, will attend the 23rd Annual CIBC Eastern Institutional Investor Conference in Montréal on September 26. These events provide Bombardier with opportunities to engage with investors and industry professionals, potentially discussing the company's financial performance, strategic initiatives, and market outlook.