FILE PHOTO – A Bombardier trade pavilion is seen at Farnborough International Airshow in Farnborough, Britain, July 17, 2018. REUTERS/Toby Melville
Financial terms of the deal were not disclosed, but Bombardier said the deal will add to its adjusted aerostructures revenue forecast.
The company now expects the unit to post revenue of between $2.25 billion to $2.50 billion in 2019, up from prior estimates of $2 billion.
Reporting by Nivedita Bhattacharjee; Editing by Arun Koyyur