Bombardier, BAE Systems to Collaborate on Combat Air Programs

09:57 AM EDT, 10/28/2026 (MT Newswires) -- Bombardier (BBD-A.TO, BBD-B.TO) signed a memorandum of understanding with UK-based BAE Systems to explore collaboration on next-generation combat air programs. The agreement covers research and development, systems integration, supply chain development, industrialization and lifecycle management, Bombardier said Wednesday. The two companies will now work on a framework to identify areas of cooperation and evaluate potential opportunities. The agreement supports broader efforts to strengthen Canada's defense industrial base. In July 2026, Canada announced its observer status in the Global Combat Air Programme along with partner nations Japan, Italy and the UK. Bombardier's Class B shares were last seen down CA$1.85 to CA$334.71 on the Toronto Stock Exchange. Price: 340.00, Change: +0.11, Percent Change: +0.03