Bombardier Tops Canadian R&D Spenders for Second Consecutive Year

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Bombardier Tops Canadian R&D Spenders for Second Consecutive Year

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For the 2nd year in a row, Bombardier tops Canadian R&D spenders according to @R_Infosource #research http://bit.ly/1v4RDFd
Wednesday, November 12, 2014 - 4:00pm

CONTENT: Press Release

November 12, 2014 /3BL Media/ - For the second year in a row, Bombardier Inc. was recognized as Canada’s top Research and Development (R&D) spender by Research Infosource. Bombardier’s R&D spending amounted to $2.2 billion Cdn for fiscal year 2013 – a 15.4% increase compared to 2012.

These investments in innovative mobility solutions enable Bombardier to proactively address societal needs and to seize emerging business opportunities. Rapid population growth, globalization and urbanization bring increasing demands for Bombardier’s fast, comfortable, energy-efficient and environmentally responsible planes and trains.

The CSeries commercial aircraft, the Learjet 85, Global 7000 and Global 8000 business jets, and an evolving portfolio of rail transportation solutions, including the new-generation MOVIA C30 metro and the ZEFIRO very high speed trains, will further strengthen Bombardier’s competitive positioning.

As Bombardier prepares to bring these cutting-edge products to market, it is already seeing validation of its R&D investments with a steady increase in its order backlog, which reached an unprecedented $69.7 billion as at December 31, 2013. The innovations it designs into its products today will give future populations cleaner, safer and more convenient means of transport, while ensuring Bombardier’s profitability for years to come.

About Bombardier
Bombardier is the world’s only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indices. In the fiscal year ended December 31, 2013, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Bombardier, CSeries, Global 7000, Global 8000, Learjet 85, MOVIA, ZEFIRO, and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

For information

Isabelle Rondeau
Director, Communications
Bombardier Inc.
+514 861 9481

Shirley Chénier
Senior Director, Investor Relations
Bombardier Inc.
+514 861 9481

 

Keywords: Awards, Ratings & Rankings | Awards, Ratings & Rankings | Bombardier | Company Ratings | Innovation | Innovation & Technology | R&D | Research Infosource | research and development

CONTENT: Press Release