GlobeNewswire by notified

Bombardier Begins New Era in Wichita

Share
  • Bombardier designates Wichita site as its new U.S. Headquarters
  • Bombardier Defense launched as evolution of Specialized Aircraft division
  • Additional firm orders confirmed for Global 6000 jets as part of the United States Air Force (USAF) Battlefield Airborne Communications Node (BACN) program
  • U.S. Headquarters in Wichita includes growing service centre and expert flight test centre
  • Bombardier is engaged in active recruitment with a strong commitment to further job creation and diversification in Wichita

WICHITA, Kan., April 19, 2022 (GLOBE NEWSWIRE) -- Bombardier announced today that its Wichita facility is designated as its new U.S. Headquarters, underscoring the site’s growth and multi-disciplinary expertise. The company said the decision to locate its U.S. Headquarters in Wichita was a logical choice given the site’s deep-rooted history in aviation, the tremendous opportunities for growth in the maintenance, repair and overhaul (MRO) and defense sectors, and its strong and talented workforce. The new U.S. Headquarters is a key pillar in Bombardier’s long-term strategy for its presence and growth in the U.S.

Bombardier’s footprint in Wichita includes an expanding service centre that supports Bombardier’s entire family of Learjet, Challenger and Global business jets. The site also continues to operate one of the world’s leading flight test centres that performs testing and certification of aircraft upgrades on all new Bombardier aircraft programs, including the ongoing certification campaign for the Challenger 3500 jet.

Wichita is also home to the newly renamed Bombardier Defense, reflecting the company’s strategic expansion of its existing Specialized Aircraft division. The expanding defense market is a key area of growth for the company. With the reinvented Bombardier Defense, led by Steve Patrick – Vice President Bombardier Defense, the company will leverage Original Equipment Manufacturer (OEM) design, manufacturing and certification expertise to provide agile, innovative solutions hosted on Bombardier’s class leading aircraft platforms. This centre of excellence for defense applications, technology and innovation fully leverages the Wichita workforce and local industry.

Bombardier Defense today also confirmed additional firm orders for modified versions of its Global 6000 aircraft, as part of a potential $465 million USD order from the United States Air Force (USAF) in support of the Battlefield Airborne Communications Node (BACN) program. Last year, Bombardier was awarded the sole-source engineering and modification Indefinite Delivery Indefinite Quantity (ID/IQ) contract from the USAF to modify up to six Global 6000 business jets to become E11-A BACN platforms. Bombardier Defense will continue to leverage Wichita’s highly reputed expertise to provide in-service support and upgrades to the USAF’s expanding BACN fleet, underscoring Bombardier’s status as a key U.S. aerospace employer.

“Wichita was the obvious choice as the home of Bombardier’s new U.S. Headquarters and Bombardier Defense,” said Éric Martel, President and CEO, Bombardier. “For more than 60 years, the established skills and expertise from the Air Capital of the World is second to none, and this latest confirmation from the United States Air Force is a testament to the confidence they have in our aircraft and importantly, in the strength of our people in Wichita.”

With the announcement of Wichita as the company’s U.S. Headquarters, Bombardier also announced today that Tonya Sudduth, former Vice President of Operations, Wichita site, has accepted the newly created role of Head of U.S. Strategy. Based in Wichita, Tonya Sudduth will lead Bombardier’s U.S. strategy, leveraging her extensive knowledge and rich aerospace experience to build strong relationships with key stakeholders in the community, government and industry to further strengthen and grow Bombardier’s presence across all its sites in the U.S.

Bombardier continues to grow its footprint in the U.S. and in Wichita. The company has harnessed the high-level know-how of the teams in Wichita and doubled the size of its service center workforce to meet existing and anticipated demand. From three hangars just four years ago, Bombardier’s Wichita service centre has expanded to include seven hangars today, offering Learjet, Challenger and Global aircraft operators exceptional original equipment manufacturer (OEM) value and customer experience. Bombardier Defense also benefits from dedicated hangars to meet growing demand.

Between Bombardier’s service centre, flight test center and Bombardier Defense, the company is actively recruiting to immediately fill more than 180 jobs in Wichita and close to 500 jobs across the U.S. To that end, Bombardier’s U.S Headquarters will host an open house on April 23, 2022 for employees and invited guests to showcase the site’s expansive facilities and for job applicants to meet with recruiters.

About Bombardier

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 are also trusted around the world in special-mission roles.

Headquartered in Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and an Australian facility opening in 2022.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.

Bombardier, Challenger, Challenger 3500, Learjet, Global, and Global 6000 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For Information
Anna Cristofaro
Communications
+1-514-855-8678

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Swiss Properties Invest A/S: Results of the Annual General Meeting 202319.4.2024 14:31:57 CEST | Press release

Company Announcement no. 03-2024 Copenhagen, 19th April 2024 The annual general meeting of Swiss Properties Invest A/S was held today in accordance with the agenda in the notice of 5th April 2023 convening the annual general meeting, cf. company announcement No 02-2024 of 5th April 2024. At the annual general meeting the following resolutions were agreed upon: The approval of the annual accounts and consolidated annual accounts, with audit report and annual report.The appropriation of profits according to the approved annual accounts.The discharge to the board of directors for 2023.The approval of the remuneration to the board of directors for the current financial year.The re-election of Thorbjørn Graarud, Christian Seidelin, Kirsten Sillehoved to the board of directors.The re-election of BDO Statsautoriseret Revisionsaktienselskab as auditor of the company. ABOUT SWISS PROPERTIES INVEST Swiss Properties Invest A/S, which was founded on 8 October 2021, is the Danish holding company of

Elanders AB: Report from the Annual General Meeting 202419.4.2024 14:18:43 CEST | Press release

The Annual General Meeting, led by Chairman of the Board Dan Frohm, decided to: adopt the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet, discharge the members of the Board and the Chief Executive Officer from liability for the financial year 2023,according to the proposal in the summons, distribute a dividend of SEK 4.15 per share for 2023. The record date for the dividend is proposed to be 23 April 2024 and it is expected that the dividend will be disbursed by Euroclear Sweden AB on 26 April 2024,for the financial year 2024 grant, according to the proposal in the summons, the Board a remuneration of a total of SEK 4,512,600 including reimbursement for committee work, to be divided among the members as presented in the summons,appoint, according to the proposal in the summons, the following members to the Board until the next Annual General Meeting is held in 2025: Carl Bennet (re-election) Ulrika Dellby (re-election) Eva

Elanders AB: Rapport från årsstämman 202419.4.2024 14:18:43 CEST | Pressemelding

Stämman, som leddes av styrelsens ordförande Dan Frohm, beslöt att: fastställa resultat- och balansräkningen samt koncernresultat- och koncernbalansräkningen,bevilja styrelsens ledamöter och verkställande direktören ansvarsfrihet för verksamhetsåret 2023,enligt styrelsens förslag i kallelsen fastställa att utdelning för 2023 lämnas med 4,15 kronor per aktie samt att avstämningsdagen för utdelning är den 23 april 2024, vilket innebär att utdelningen beräknas utsändas genom Euroclear Sweden AB den 26 april 2024,enligt förslaget i kallelsen för verksamhetsåret 2024 bevilja styrelsen arvode inklusive utskottsarbete om totalt 4 512 600 kronor att fördelas inom styrelsen såsom angivits i kallelsen,enligt förslaget i kallelsen till styrelseledamöter för tiden intill dess att årsstämman 2025 hållits utse: Carl Bennet (omval) Ulrika Dellby (omval) Eva Elmstedt (omval) Dan Frohm (omval) Erik Gabrielson (omval) Anna Hallberg (omval) Anne Lenerius (omval) Magnus Nilsson (omval) Johan Trouvé (omval

Ændringer i afdelinger i Værdipapirfonden Sparinvest, herunder suspensioner19.4.2024 13:48:55 CEST | pressemeddelelse

Bestyrelsen i Sparinvest S.A. har på vegne af Værdipapirfonden Sparinvest den 18. december 2023 besluttet at foretage ændringer i afdelingerne Nye obligationsmarkeder og Nye obligationsmarkeder Akk. Ændringerne medfører skift af afdelingsnavn, benchmark og strategi. Efter ændringerne vil afdelingerne udelukkende investere i emerging markets obligationsudstedelser i lokal valuta, og afdelingernes benchmark ændres til: J.P. Morgan ESG GBI-EM (Unhedged in DKK) Custom Index - Nykredit Exclusion List. ISINAfdelingsnavn før ændringAfdelingsnavn efter ændringSpecifikationerDK0060254043Nye obligationsmarkederINDEX Emerging Market Bonds LokalvalutaBørsnoteretDK0060254126Nye obligationsmarkeder Akk. – KL AINDEX Emerging Market Bonds Lokalvaluta Akk. – KL ABørsnoteretDK0062263372Nye obligationsmarkeder Akk. – KL WINDEX Emerging Market Bonds Lokalvaluta Akk. – KL WUnoteret Bestyrelsen i Sparinvest S.A. har på vegne af Værdipapirfonden Sparinvest den 18. december 2023 besluttet at stifte to nye afd

Auction result of Treasury Bonds - RIKB 27 041519.4.2024 13:30:00 CEST | Press release

Series RIKB 27 0415Settlement Date 04/24/2024Total Amount Allocated (MM) 15,129All Bids Awarded At (Price / Yield) 99.293/8.270Total Number of Bids Received 61Total Amount of All Bids Received (MM) 18,679Total Number of Successful Bids 45Number of Bids Allocated in Full 45Lowest Price / Highest Yield Allocated 99.293/8.270Highest Price / Lowest Yield Allocated 99.750/8.090Lowest Price / Highest Yield Allocated in Full 99.293/8.270Weighted Average of Successful Bids (Price/Yield) 99.471/8.200Best Bid (Price / Yield) 99.750/8.090Worst Bid (Price / Yield) 98.876/8.440Weighted Average of All Bids Received (Price / Yield) 99.422/8.220Percentage Partial Allocation (Approximate) 100.00 %Bid to Cover Ratio 1.23

HiddenA line styled icon from Orion Icon Library.Eye