Bombardier is acquiring the Global 7500 wing programme from the Triumph Group, in a move designed to secure the production ramp-up and long-term success of its flagship business jet and strengthen Bombardier's position as a leading aerostructures supplier.
The deal is expected to close during the first quarter, when the business will be incorporated into Bombardier's aerostructures and engineering services division.
Danny Di Perna, president, of aerostructures and engineering services at Bombardier, calls the acquisition a "perfect strategic fit" for the company. "It will allow us to bring our extensive technical expertise to one of the industry's biggest growth programmes, while solidifying our position as a leading wing provider," he says.
Bombardier says the Global 7500's wing will continue to be manufactured in Red Oak, Texas and it will take over the lease for the plant from Triumph.
"Our focus is fully on the successful and efficient ramp-up of the [Global 7500] programme – and we plan to leverage the facility and resources on site to make the transition to Bombardier as seamless as possible," it adds.
The ultra-long-range business jet entered service in December. It boasts a market-leading range of 7,700nm (14,200km), and has the longest cabin in the traditional business jet sector at 16.5m (54ft).
Bombardier has secured over 100 orders for the GE Aviation Passport-powered type and says production is sold out until 2021. The company forecasts deliveries of between 15 and 20 aircraft in 2019 and between 35 and 40 in 2020.
Customers include former Formula 1 racing driver and Bombardier brand ambassador Niki Lauda, Hong Kong charter and management company HK Bellawings Jet, fractional ownership giant NetJets, and Thomas Flohr, founder of luxury charter provider and long-time Bombardier customer VistaJet.