Bombardier's first Global 7500 configured for heads of state
(Source: Bombardier)
  • Bombardier Defense, a subsidiary of Bombardier (TSX:BBD.A), has revealed armasuisse’s Global 7500 multi-mission aircraft designed for government and military personnel transport and emergency evacuations
  • An initial deployment is expected in early 2025
  • Bombardier designs, builds, modifies and maintains a line of jets for people, businesses, governments and militaries around the world
  • Bombardier stock has added 69.50 per cent year-over-year and 157.13 per cent since 2020

Bombardier Defense, a subsidiary of Bombardier (TSX:BBD.A), has revealed armasuisse’s Global 7500 multi-mission aircraft designed for government and military personnel transport and emergency evacuations.

The aircraft, unveiled in Bern, Switzerland, enhances armasuisse’s fleet with increased transportation capacity, protection and efficiency, with an initial deployment by the Federal Air Transport Service slated for early 2025 and a self-protection system scheduled to be installed in the second half of the year.

The Global 7500 has a top speed of Mach 0.925 and a range of 7,700 nautical miles (14,260 km), helping it to set more than 75 speed records on key global routes. It also features a class-leading 99.8-per-cent dispatch reliability and the Smooth FlĕxWing, an in-air shock absorber that promotes aerodynamic efficiency, boosting performance, lowering emissions and improving safety.

Bombardier posted its fourth-straight profitable quarter in Q3 2024 and leadership is optimistic about reaching 2024 guidance estimates. Full-year and Q4 2024 results will hit the wire on February 6th.

Leadership insights

“The Global 7500 aircraft is a proven and versatile platform that has earned speed records, stood out as the highest-performing in its class and has quickly become a customer favorite,” Stephane Leroy, Bombardier’s vice-president of sales, said in a statement. “Armasuisse’s aircraft represents a significant milestone for Bombardier Defense, as it is the first Global 7500 configured for head-of-state multi-mission needs. We are proud to have the trust of armasuisse, and to support them with critical transportation and emergency evacuation missions.”

About Bombardier

Bombardier designs, builds, modifies and maintains a line of jets for people, businesses, governments and militaries around the world. The company’s customers operate a fleet of about 5,000 aircraft supported by 10 service facilities across six countries.

Bombardier stock (TSX:BBD.A) is down by 0.25 per cent trading at C$86.14 per share as of 9:33 am ET. The stock has added 69.50 per cent year-over-year and 157.13 per cent since 2020.

Join the discussion: Find out what everybody’s saying about this private jet stock on the Bombardier Inc. Bullboard and check out the rest of Stockhouse’s stock forums and message boards.

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(Top photo of the first Global 7500 configured for head-of-state multi-mission needs: Bombardier)


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