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4-Traders Homepage  >  Equities  >  Nyse  >  Boeing Company (The)    BA

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Factbox- Bombardier aero tied to 22,700 U.S. jobs, $2.4 bln in spending

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10/06/2017 | 07:36pm CEST

Bombardier Inc's (>> Bombardier, Inc.) CSeries jetliner supports 22,700 jobs in more than nine U.S. states, and its aerospace division spent $2.4 billion with more than 800 U.S. suppliers last year, a measure of its economic impact as it battles with Boeing Co (>> Boeing Company (The)) over allegations of receiving illegal subsidies and dumping, according to company officials and documents seen by Reuters.

Bombardier Inc's (>> Bombardier, Inc.) CSeries jetliner supports 22,700 jobs in more than nine U.S. states, and its aerospace division spent $2.4 billion with more than 800 U.S. suppliers last year, a measure of its economic impact as it battles with Boeing Co (>> Boeing Company (The)) over allegations of receiving illegal subsidies and dumping, according to company officials and documents seen by Reuters.

The tallies would likely fall if the CSeries jetliner is effectively kept out of the U.S. market by U.S. duties, according to industry experts. Bombardier sources more than half of the purchased content of the CSeries from the United States, according to the documents reported by Reuters on Thursday.

The U.S. Department of Commerce on Friday proposed a 79.82 percent antidumping duty after a preliminary finding that the jets were sold below cost. Last week it announced a preliminary duty of nearly 220 percent to compensate for the subsidies.

Bombardier's aerospace division operates facilities in eight states that provide service for business and commercial aircraft, parts distribution and training. Bombardier's Learjet business unit headquarters also is in the United States.

Here are states with Bombardier operations and top 10 CSeries suppliers:

ARIZONA

Bombardier commercial and business aircraft service centre

Honeywell International Inc (>> Honeywell International)

CALIFORNIA

Zodiac Aerospace SA (>> Zodiac Aerospace)

Senior Aerospace (>> Senior plc)

TransDigm Group Inc (>> TransDigm Group Incorporated)

Parker Aerospace

CONNECTICUT

Bombardier business aircraft service centre

Pratt & Whitney, a unit of United Technologies Corp (>> United Technologies Corporation)

FLORIDA

Bombardier business aircraft service centre

GEORGIA

Bombardier commercial aircraft service centre

ILLINOIS

Bombardier aerospace global parts distribution centre

United Technologies Aerospace Systems

KANSAS

Bombardier Learjet business unit headquarters

Bombardier business aircraft service centre

Spirit AeroSystems Holdings Inc (>> Spirit AeroSystems Holdings, Inc.)

MICHIGAN

Parker Aerospace

MINNESOTA

United Technologies Aerospace Systems

TEXAS

Bombardier business aircraft service centre

Bombardier aerospace training centre

WEST VIRGINIA

Bombardier commercial aircraft service centre

UTAH

Parker Aerospace

(Reporting by Alwyn Scott; Editing by Meredith Mazzilli)

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Sales 2017 92 093 M
EBIT 2017 9 375 M
Net income 2017 6 869 M
Debt 2017 1 900 M
Yield 2017 2,13%
P/E ratio 2017 23,55
P/E ratio 2018 21,88
EV / Sales 2017 1,72x
EV / Sales 2018 1,69x
Capitalization 156 B
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Dennis A. Muilenburg Chairman, President & Chief Executive Officer
Jenette Ramos Senior Vice President-Supply Chain & Operations
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