Bombardier Inc. Tops Canadian R&D Spenders According to Research Infosource
November 7, 2013 /3BL Media/ - Bombardier Inc. was recognized as Canada’s top Research and Development (R&D) spender by Research Infosource, moving to first place in fiscal 2012 after posting research spending of $1.9 billion, up from $1.3 billion in fiscal 2011.
Bombardier is delivering the Evolution of Mobility by creating better ways to move the world. With seven aircraft in development and the widest array of rail mobility solutions in the industry, Bombardier is creating the most advanced mobility solutions that safely move people across cities, countries, and continents in a more environmentally-responsible way.
Effectively implementing transportation solutions will be critical to addressing urban sprawl and pollution, while at the same time ensuring the prosperity and productivity of these cities.
Our business is responding to these challenges by bringing to market new transportation solutions that are shaping a new future for mobility. For example, the CSeries commercial aircraft, promises to deliver a 20% fuel burn advantage and 20% fewer CO2 emissions than any in-production aircraft in its segment1. Our Learjet 85 sets a new standard in environmental performance in the midsize category.
In our Transportation business, our ECO4 portfolio of technologies is paving the way for a new era in rail technology. The ECO4 portfolio reduces overall energy consumption on trains by up to 50% compared to current solutions and reduces emission by up to 80%, thereby minimizing carbon footprints.Our PRIMOVE transportation system moves cities into the future responsibly, offering ways to charge all types of electric rail and road vehicles—including trams, buses, cars, and trucks—without the use of any overhead wires. It eliminates the traditional constraints of cables, wires, and plugs, and makes urban transportation more flexible, more convenient, and safer.
As we look ahead, we aim to continuously find better ways to bring people together through responsible, safe, and reliable mobility solutions.
1) The CSeries family of aircraft, Learjet 85 aircraft, and Global 7000 and Global 8000 aircraft programs are currently in development, and as such are subject to changes in family strategy, branding, capacity, performance, design, and/or systems. All specification and data are approximate, may change without notice and are subject to certain operating rules, assumptions, and other conditions. This document does not constitute an offer, commitment, representation, guarantee, or warranty of any kind.
Bombardier is the world’s only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.
Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America indexes. In the fiscal year ended December 31, 2012, we posted revenues of $16.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.