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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

(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.

(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)

Stocks mentioned in the article
ChangeLast1st jan.
BOEING COMPANY (THE) 1.30% 372.23 Delayed Quote.24.60%
BOMBARDIER, INC. -2.12% 4.62 Delayed Quote.52.48%
HONEYWELL INTERNATIONAL 0.48% 167.34 Delayed Quote.8.59%
SENIOR PLC -0.38% 316.2 Delayed Quote.21.29%
SPIRIT AEROSYSTEMS HOLDINGS, INC. 0.42% 93.5 Delayed Quote.7.16%
TRANSDIGM GROUP -0.06% 368.37 Delayed Quote.34.14%
UNITED TECHNOLOGIES CORPORATION 0.16% 142.08 Delayed Quote.11.19%
ZODIAC AEROSPACE 0.00%-End-of-day quote.-0.40%
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Financials ($)
Sales 2018 98 632 M
EBIT 2018 11 405 M
Net income 2018 9 760 M
Debt 2018 3 361 M
Yield 2018 1,81%
P/E ratio 2018 22,57
P/E ratio 2019 19,22
EV / Sales 2018 2,20x
EV / Sales 2019 2,06x
Capitalization 214 B
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Dennis A. Muilenburg Chairman, President & Chief Executive Officer
Jenette E. Ramos Senior Vice President-Supply Chain & Operations
Theodore Colbert Chief Information Officer & SVP-Data Analytics
Gregory L. Hyslop CTO, Senior VP-Engineering, Test & Technology
Kenneth M. Duberstein Director
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