Bombardier PEGASUS aircraft taking flight
(PEGASUS aircraft, image via Bombardier)
  • Bombardier (TSX:BBD.A) announced the successful first flight of the PEGASUS aircraft from its Wichita, Kansas, facility
  • This milestone marks a significant step forward for the airborne missionized platform, which is set to play a crucial role in signal surveillance missions for the German armed forces
  • The PEGASUS project, led by Hensoldt, a German company that focuses on sensor technologies for protection and surveillance missions, integrates the advanced Kalætron Integral SIGINT system, designed to perform highly critical signal intelligence operations
  • Bombardier stock opened trading at C$106.01 per share

Bombardier (TSX:BBD.A) announced the successful first flight of the PEGASUS aircraft from its Wichita, Kansas, facility.

Bombardier’s Globalaircraft has been modified for the German armed forces’ Persistent German Airborne Surveillance System (PEGASUS) program, named after the mythical horse with wings.

This milestone marks a significant step forward for the airborne missionized platform, which is set to play a crucial role in signal surveillance missions for the German armed forces.

The PEGASUS project, led by Hensoldt, a German company that focuses on sensor technologies for protection and surveillance missions, integrates the advanced Kalætron Integral signal intelligence (SIGINT) system, designed to perform highly critical signal intelligence operations. The aircraft’s first flight signifies the beginning of its next phase, moving closer to systems integration and certification under the leadership of Lufthansa Technik Defense.

To commemorate this achievement, a celebration took place to highlight the collaborative efforts and technological advancements that have brought the PEGASUS aircraft to this moment.

Once initial testing is complete, each aircraft will be transferred to Lufthansa Technik Defense’s facilities in Hamburg, Germany, for further integration work.

As the PEGASUS aircraft advances through its development stages, the teams involved intend to enhance the capabilities of the German armed forces, providing them with cutting-edge tools for effective signal surveillance and intelligence gathering.

“Germany’s next generation signal intelligence aircraft is flying high,” Steve Patrick, vice president, Bombardier Defense, said in a news release. “This successful first flight is the result of the strong collaboration and shared knowledge between Hensoldt, Lufthansa Technik Defense, Bombardier Defense and our suppliers, to get the modified, high-performing Global 6000 aircraft for the PEGASUS program in the air. With flight testing regularly underway from Bombardier’s Wichita base, the aircraft continues to gather essential certification data to improve and perfect the platform before it moves to the next stage.”

Based in Montréal, Bombardier designs, builds, modifies and maintains a line of business 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) opened trading at C$106.01 per share and is flying 102.21 per cent higher since the year began.

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

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top photo of Bombardier’s PEGASUS aircraft taking flight: Bombardier)


More From The Market Online
Quantum computer

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal

Cybersecurity stock Quantum eMotion (TSXV:QNC) takes a major step in the go-to-market strategy for its Sentry-Q platform.
An AI generated photo of a stethoscope on a computerized setting

How one company is disrupting PoC testing

When it comes to Gemina Laboratories Ltd. (CSE:GLAB), the Canada and U.K.-based company is progressing a range of PoC diagnostic technologies.
AI generated stock image

Investing in Canadian medical stocks under $10

Healthcare stocks in Canada are publicly traded companies that operate in various sectors of the healthcare industry.
Bear and bull statues wearing Christmas hats

@ the Bell: TSX advances to start off Christmas trading week

Canada’s TSX index closed higher on Monday thanks to large-cap gains, despite weakness in real estate and telecom stocks.