A $500M-plus contract awarded to Airbus for jet-making

The Bombardier Inc. has been awarded a $500 million, 10-year contract to produce and service commercial jets in the US, the company said Thursday.

The contract is worth about $6 billion, and will be a part of the $8.9 billion contract the company secured with Boeing Co. for the production of Boeing 787 Dreamliners.

Bombardiers’ jets will replace Boeing’s existing 787 fleet, which includes Boeing 767s and 787-9s.

Bombards Boeing and Airbus are working together to build a fleet of 787s.

The US Department of Commerce has not announced the size of the contract, but said that it will be awarded in early 2019.

Airbus and Bombarders were awarded the contract in July, and Bombards CEO Alain Bellemare said at the time that the two companies would be working together closely to produce aircraft that will “offer competitive, reliable, affordable and environmentally-friendly performance in a range of operational markets.”

Boeing and Bombers said they will jointly develop a range, including engines, that will be used in the 787 program.

“We look forward to continuing to work with Airbus and Boeing on the 767 Dreamliner as they build on the momentum of the 747, 787 and 767 to deliver a new generation of advanced, affordable, and environmentally friendly aircraft that can play an integral role in supporting the nation’s global aerospace leadership and global aerospace dominance,” Bellemand said.

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