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Bombardier agrees to acquire assets of Mitsubishi Heavy Industries unit

Bombardier said it entered an agreement to acquire certain assets of MHI Canada Aerospace from Mitsubishi Heavy Industries, aiming to bring more capabilities in-house.

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06:38:10 PM UTC
SquawkNews
By Adriano MarcheseBombardier is bringing critical wing and fuselage manufacturing in-house, strengthening its supply chain amid growing demand for its Global and Challenger business jets.The Montreal-based business jet maker said Tuesday that it has reached an agreement to acquire the Mississauga…

By Adriano MarcheseBombardier has agreed to acquire certain assets of MHI Canada Aerospace from Japan's Mitsubishi Heavy Industries as the business-jet maker looks to bring more capabilities in-house.The company on Tuesday said it entered into an agreement to add MHI Canada Aerospace's aerostructur…