Bombardier has signed a
definitive agreement to acquire the Global 7500 wing program from
The acquired operations will be incorporated into Bombardier’s Aerostructures and
Engineering Services segment.
To support a seamless transition of wing production and deliveries for the Global 7500 program, which
successfully entered into service in December 2018, Bombardier
will enter into a lease agreement for Triumph’s Red Oak, Texas,
facility and continue to operate the production line with the
employees currently supporting the program.
is a perfect strategic fit for Bombardier Aerostructures,” said
Danny Di Perna, President, Bombardier Aerostructures and
Engineering Services. “It will allow us to bring our extensive
technical expertise to one of the industry’s biggest growth
programs, while solidifying our position as a leading wing
provider. We look forward to welcoming the Triumph employees to
Bombardier and ensuring the success of the Global 7500 program.”
The acquisition of the program’s assets and obligations for a
nominal cash consideration is expected to close in the first
quarter of 2019, subject to certain closing conditions.