Bombardier to Acquire Ontario-Based MHI Canada Aerospace's Manufacturing Assets

03:43 PM EDT, 09/01/2026 (MT Newswires) -- Bombardier (BBD-B.TO) will acquire the manufacturing assets of MHI Canada Aerospace (MHICA) in Ontario for an undisclosed sum, the company said on Tuesday. The transaction, which is expected to close later this year, will also see 750 employees from MHICA join Bombardier, a statement said. "This agreement represents a key step in Bombardier's long-term growth strategy, strengthening critical capabilities, enhancing operational resilience and supporting the company's flexibility to meet growing customer demand," said David Murray, Bombardier's executive vice president of manufacturing. "With this acquisition, we are deepening our core manufacturing expertise as well as our commitment to proactively develop the local workforce through multiple streams in component manufacturing and whole aircraft assembly," Murray added. Bombardier shares were last seen up C$1.51 at C$301.35.80 on the Toronto Stock Exchange. Price: 299.65, Change: -0.19, Percent Change: -0.06