Growth Prospects of Global Liquid Crystal on Silicon (LCoS) Market During 2016 – 2023

Albany, NY — (SBWIRE) — 10/16/2017 — Liquid crystal on silicon (LCoS) is a reflective active matrix liquid crystal display. It is generally termed as micro-display because of its miniature size that is built using liquid crystal layer on top of a silicon backplane. LCoS was initially developed for the purpose of projection in televisions but it has wider applications. It is used for structured illumination, near eye displays, wavelength selective switching and optical pulse shaping. The two major categories of LCoS displays are single-panel and three-panel. In a single-panel design, one display chip shows the green, blue and red components, one after another based on the eyes of the observer to combine the three components. When each colour is presented, a colour wheel or a RGB LED array brightens the display by red, blue or green light. An effect called colour breakup is seen when the frequency of colour fields get lower than 540 Hz. Single-panel projectors require high-speed display components to develop all three colours during a single frame time and are less expensive compared to three-panels. In a three-panel design, there is one display chip per colour, where the images are combined optically. The white light is diverged into three components- red, green and blue, and then converged back after modulation. In addition, the light is polarized by beam splitters.

The LCoS technology is used in major products such as head-mounted display (HMD), projectors and head-up display (HUD). Projectors are used in home theatre systems, educational and business purposes. HUDs are largely used for simulation and training, and finds application in high-end cars and aircrafts. HMD products find use in sports activities, gaming, research, aviation and military. The major application segments of LCoS, based on industry are consumer electronics, automotive, aviation, military, medical and optical 3D measurement. Consumer electronics segment is the most attractive market followed by the aviation sector. Advanced HUD and HMD panels are used in the aviation sector. HUDs are commonly used in the automotive sector at a large scale.

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The increasing demand for high resolution display is set to bolster the growth of the global LCoS market. In comparison to liquid crystal display (LCD) and digital light processing (DLP), LCoS based products provide greater performance and higher quality. LCoS ensures wider compatibility with a number of products and superiority in relation to competing technology. LCoS technology is expensive and there are very few players in the market but in the coming years, the cost of technology is expected to reduce, with the increase in competition in the global market.

North America dominates the global liquid crystal on silicon market, followed by Europe, Asia Pacific (APAC) and Rest of the World (ROW) region. The market in APAC and ROW is expected to grow at a decent rate, with the increase in demand in the consumer electronics and projectors market. The key participants in the global LCoS market are JVC Kenwood Corporation, Himax Display Inc., 3M, Cannon Inc., Pioneer Corporation, LG Electronics Inc., Sony Corporation, Microvision Inc., Syndiant Inc. and Holoeye Systems Inc.

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This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Middle East and Africa
Latin America
This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

Electrochromic Glass Market: Opportunity Assessment Research Transparency Market Research Study 2016 – 2024

Albany, NY — (SBWIRE) — 10/16/2017 — Global Electrochromic Glass Market: Overview

The world electrochromic glass market is prophesied to gain a reliable impetus in the coming years with the advent of smart or switchable glazing windows and other forms of newer generation technologies which incorporate electrochromic glasses and windows. Such smart technologies allow the feature of personalization in electrochromic windows by making them respond to different environmental signals through shading, light transmittance, and change in transparency.

Expert analysts evaluate the global electrochromic glass market on the basis of key parameters such as application, device, and material. Smart glass which use the electrochromic properties could be colored, opaque, tinted, or clear. They can be used for offering a modern and innovative look to a construction space with their application in skylights and partitions.

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The report published here is a complete study of the global electrochromic glass market, keeping in view the vital factors of growth, competitive scenario, future prospects, restraints, and opportunities. Buyers of the report can take a qualitative as well as quantitative approach toward the analysis of the world market.

Global Electrochromic Glass Market: Key Trends

Be it marine craft, bus, train, aircraft, or automotive vehicle, electrochromic glass finds supreme usage at an extensive level in the transportation sector. For the roofs and windows of their premium automobiles, top brands such as Mercedes-Benz SLK and BMW AG significantly employ the electrochromic suspended particles smart glass technology. By the next decade, smartphone manufacturers could take advantage of the stunning characteristics of electrochromic glass to gain a foothold in their industry with novel applications such as electrochromic displays and mobile camera shutters.

The international electrochromic glass market could slightly lose its grip on a substantial growth on account of the issue related to price uniformity. The high pricing allotted to electrochromic smart glass windows is a clear instance of price differentiation. Howbeit, with economies of scale in place for global capacity utilization, the effect of this constraint is anticipated to be diluted in the near future.

Moreover, electrochromic glass finds application in a host of different industries such as aerospace and construction. In military and other specialty applications, it can be used in the production of information displays suitable for larger areas. Electrochromic glass is also expansively used for constructing residential and commercial windows.

Global Electrochromic Glass Market: Regional Outlook

With a rising count of applications of electrochromic glass, the North America market is predicted to testify for a telling growth, especially in the U.S. The reason for this is the major chunk of share secured by the U.S. electrochromic glass market in North America. However, Asia Pacific is expected to wave its flag of dominance all over the global market by accounting for a faster growth. On the whole, with the presence of commanding regional markets such as Asia Pacific and North America, the global electrochromic glass market is foretold to record a healthy CAGR.

The application of electrochromic glass in the Asia Pacific construction sector is predicted to augment at a convincing level with the widening awareness about green buildings. Besides this, electrochromic glass is deemed as a critical element in the construction of institutional and domestic buildings in Asia Pacific countries.

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Global Electrochromic Glass Market: Competitive Landscape

Players in the international electrochromic glass market are prognosticated to tap into other types of applications which are not yet explored, although electrochromic glass has already been used in a variety of different sectors. Leading companies such as Saint-Gobain S.A., SAGE Electrochromics, View Inc., Asahi Glass Co. Ltd., E. I. du Pont de Nemours and Company, and Smartglass International Limited are envisaged to take an authoritative position in the market.

Global Deployable Military Shelter Systems Market : Segmentation by Application, Opportunities & Forecasts to 2022

Deerfield Beach, FL — (SBWIRE) — 10/16/2017 — Overview :

The report on the Global Deployable Military Shelter Systems Market 2017 gives complete view of the market across the globe. In-depth analysis comprising key market players, market forecasts, supply, demand, profit, latest market trends, and many more are provided in the report below. The future aspects impacting the global market in every possible way are also further discussed in the report.

What our report offers :

-Assessments of the market share from different countries and regions were conducted

-Top key market players market share analysis is included.

-Strategic suggestion and proposals for the new entrants that are willing to enter the market

-The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are included

-Based on the market estimations, the strategic recommendations are made in the business segments

-The competitive landscaping mapping of the current trends are included

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-Detailed profile of the companies are included

-The latest advancements made in the technology is mapped with the trends of the supply chain

Global Deployable Military Shelter Systems Market: Research methodology

-For providing the users with an exclusive view of the Global Deployable Military Shelter Systems market, we have included in the report exhaustive analysis about the competitiveness among different market players.

-The report provides detailed information about the manufacturers of the Global Deployable Military Shelter Systems market along with complete information about company’s sales, revenue, production, technological developments that are used and are made along with their strategic developments.

-The research encompasses various factors about the market, its popularity in the global market, segmentation, current trends that are being followed, technological advancements, and future forecasts.

-The Global Deployable Military Shelter Systems market statistics have been approximately calculated based on average production of the product and the consumption of the product coupled with the demand from the market.

-In the market segmentation, the market size and the revenue that was generated by each sub-segment are included in the report.

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-The demand of the product from different application areas and its future consumption is also been discussed in the report.

-Top down approach was taken into consideration for deriving the market numbers for the product application and type segments.

-Different types of primary and secondary sources were taken into consideration while collecting data for the market report. Secondary sources included Factiva, Packaging Digest, Industrial Association, Packaging world, ICIS, OneSource, and Hoover’s, and annual reports and publications of several companies.

Additional information provided in the report :

In addition, considering that the global economy is ever-changing depending upon several factors , it is important to take a note that our report contains data that are not only conducted regarding CAGR forecasts but it also analyzes the key parameters such as yearly market growth in order to have complete information about the future of the market worldwide. It also helps in identifying the wide opportunities that will open up for the market. The other key feature included in this report is the analysis of the revenue forecasts of all the important regions and applications, which is in terms of dollars.

New Growth of Aircraft Ejection Seats Market with Global Industry Analysis to 2016 – 2024

Albany, NY — (SBWIRE) — 10/16/2017 — Aircraft ejection seat is a type of system designed to rescue the crew/pilot of an aircraft during emergency situation. In an aircraft ejection seat, the seat is boosted out of the aircraft by an explosive charge carrying the pilot with the seat. Once the seat is ejected out of the aircraft, it deploys a parachute so that the pilot lands safely on the ground. The main purpose of the ejection seat is safety and survival of the pilot and crew. Ejection seat is one of the most complicated pieces of equipment on an aircraft. Airplanes flying at low speed and low altitude use a dissimilar sequence from that of jets flying at high altitudes and high speed. Pilots do not need to freely fall at low altitude; hence, the main parachute opens immediately. The decisions are based on altitude, weight of passengers, speed are already made for the pilot before he vacates the aircraft.

The aircraft ejection seats market is primarily driven by the innovation of the aircraft fleet. Aircrafts are now developing an improved layer of technologies and are reviewing new fuselage patterns. The new technologies help in customizing cabin components with integrative and lightweight design by using refined design solutions. Another major driver for this market is the increasing adoption and development of two-seater fighter jets. These jets are being developed and manufactured widely across the globe. This fuels the growth of the market for aircraft ejection seats.

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The market growth is restrained by injuries sustained at the time of ejection. At the time of ejection, there are possibilities that the seat ejection malfunctions, due to which injuries are caused to the pilot/crew. This factor is likely to have medium impact in the short term of the forecast period.

One of the major opportunities in the aircraft ejection seats market is application of these seats in light commercial aircrafts and combat helicopters. Companies are now coming up with new developments in the design of aircraft ejection seats to improve the safety of pilots. Hastening the activation of the parachute after ejection and increasing trajectory height of the seat in a favorable direction would ensure the safety of the pilot and crew. Martin-Baker has developed an ejection seat with multi-tube rocket packs, which are designed to fit precisely in the small space between the lowermost part of the cockpit floor and the seat bucket. This design provides more thrust of the ejection catapult and expands the trajectory to provide more time for the parachute to open.

On the basis of application, the aircraft ejection seats market has been segmented into combat aircraft ejection seats and training aircraft ejection seats. The combat aircraft ejection seats segment accounted for the maximum share, followed by the training aircraft ejection seats in the global aircraft seats market. Based on components, the market has been divided into seat actuators, foams & fittings, and others. On geographical basis, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Increasing demand for military spending in countries such as the U.S., India, China, and Russia is likely to lead to development of fifth-generation fighter jets and aircraft components during the forecast period. Moreover, major Middle Eastern countries such as Kuwait, Iran, and Saudi Arabia have increased their investments in modern combat aircrafts, due to constant threats from the militant terrorists group. France and Russia would be a key contributing factor in the growth of the market for the development of new fighter jets with advanced ejection seats.

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Some of the major players operating in the global aircraft ejection seats market comprise Martin Baker, NPP Zvezda, SEMMB, UTC Aerospace Systems, Airborne Systems NA Inc., Survival Equipment Services Ltd., and Neomega Resin.

War Hero, U.S. Rep. Sam Johnson to Visit Texas Tech Vietnam Center and Archive

WHAT: U.S. Rep. Sam Johnson, a decorated war hero who represents the Third District of Texas, will be recognized with a reception during his visit to the Vietnam Center and Archive at Texas Tech University this week. Exhibits from the archive will be on display.

WHEN: 10 a.m. Wednesday (Oct. 18)

WHERE: McKenzie-Merket Alumni Center, 2521 17th St.

MORE: During his 29-year career in the U.S. Air Force, Johnson flew combat missions in both the Korean and Vietnam Wars. He endured nearly seven years as a prisoner of war in the infamous Hanoi Hilton, including 42 months in solitary confinement. He chronicled his experience in his autobiography, “Captive Warriors,” and in an oral history now housed at the Vietnam Center and Archive, the nation’s largest and most comprehensive collection of information on the Vietnam War.

After his service, Johnson returned home to the Dallas area, where he served in the Texas House of Representatives from 1985 to 1991. He has served in the U.S. House of Representatives since 1991 and is a member of the House Committee on Ways and Means. In that role, he helped to secure federal funding to support the Vietnam Center and Archive.

He has received numerous awards, including two Silver Stars, two Legions of Merit, the Distinguished Flying Cross, one Bronze Star with Valor, two Purple Hearts, four Air Medals and three Outstanding Unit Awards. In 2009, the Congressional Medal of Honor Society bestowed upon him its highest civilian accolade, the National Patriot Award, for his tireless work on behalf of the troops, veterans and freedom.

CONTACT: Glenys Young, senior editor, Office of Communications and Marketing, Texas Tech University, (806) 742-2136 or glenys.young@ttu.edu or Adrienne W. Rimmer, communications director for U.S. Rep. Sam Johnson, (202) 225-4201 or adrienne.rimmer@mail.house.gov


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Founded in 1989, the Texas Tech Vietnam Center and Archive houses the largest collection of materials related to the Vietnam conflict outside of the U.S. National Archives.

Its mission is to support and encourage research and education regarding all aspects of the American Vietnam experience.

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The mission of the Archive of Modern American Warfare is to encourage, promote, support and enhance the long term study and preservation of all aspects of America’s diplomatic and military experiences and involvements on a global scale, beginning in 1975 and continuing to the present. Through this, the Archive strives to help researchers develop a better understanding of America’s modern military experiences.

Fashion Mia – Women's Sweaters and Outerwear Sale Exclusively for the Season

Mong Kok, Hong Kong — (SBWIRE) — 10/16/2017 — Layering can be stylish. Staying warm can be fashionable. With exclusive outerwear from FashionMia.com, women can now be fashionable even with those added layers of clothing. The store offers outerwear sale and the collection includes hoodies, sweatshirts, coats, trench coats, blazers, jackets, sweaters, waistcoats and capes. Even some boring outfits can be highlighted with good outerwear. Depending on the climate, one can choose more practical outfits such as capes for mild-weather and puffers for chilled weather.

The store offers some oversized military coats that not only keep the body warm but also carry the outfits really well. These coats can be worn with all types of dresses from denims to dresses. And then there are puffed jackets for those extreme weather conditions. These coats are the coolest ways to blend into the men’s world and still celebrating the woman inside. The single breasted coats are always in fashion. They remain hot favorites for many women because of their functionality. And for those who like to keep it short and sweet, there are short coats and jackets which are perfect with all types of casual wear.

How can the animal prints be ignored? The animal printed coats are the hottest selling items and these are made for the bold women who like to go out and celebrate. From zebra prints to cheetah prints, one can find their favorites right here. The cape collection needs a special mention here and one cannot go wrong with the very classic camel collection. Short capes and long capes – one can find fashionable capes here at Fashion Mia. Capes are also perfect for weather conditions that are transitional.

One of the latest trends is wearing an oversized cape coat and teaming it up with similar colored sweatshirt, boyfriend jeans and fringed accessories. And then there are statement coats which keep the remaining outfit simple and the accessories neutral. The long blazers can be worn with midi skirts and tucked in shirts or blouses.

To browse through outerwear sale visit http://www.fashionmia.com/outerwear-88/ and sweaters visit http://www.fashionmia.com/sweaters-95/.

About http://www.fashionmia.com/
Fashion Mia, http://www.fashionmia.com/ is an online clothing store for women. The store offers a wide range of trendy, fashionable and designer clothing at amazing prices.

Contact:
Endeavor International Enterprise (H.K.) Limited
Address: Flat/RM 704, 7/F Bright Way Tower, 33, Mong Kok, Hong Kong, China
Phone: 872-957-8963
Blog: blog@orderplus.com
Website: http://www.fashionmia.com/

Airbus and Bombardier Announce C Series Partnership

AMSTERDAM, NETHERLANDS and MONTREAL, QUEBEC–(Marketwired – Oct. 16, 2017) – Airbus SE (EPA:AIR) and Bombardier Inc. (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF)

  • Airbus to acquire majority stake in the C Series Aircraft Limited Partnership
  • Partnership brings together two complementary product lines, with 100-150 seat market segment expected to represent more than 6,000 new aircraft over the next 20 years
  • Combination of Airbus’ global reach and scale with Bombardier’s newest aircraft family to create significant value for customers, suppliers, employees and shareholders
  • Significant C Series production costs savings anticipated by leveraging Airbus’ supply chain expertise
  • Commitment to Québec: C Series Aircraft Limited Partnership headquarters and primary assembly to remain in Québec, with the support of both companies’ global supply chains
  • Airbus’ global industrial footprint expands with the C Series Final Assembly Line in Canada, resulting in a positive impact on operations in Québec and across the country
  • Growing market for C Series results in second Final Assembly Line in Mobile, Alabama, serving U.S. customers

Airbus SE (EPA:AIR) and Bombardier Inc. (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) are to become partners on the C Series aircraft programme. A corresponding agreement was signed today. The agreement brings together Airbus’ global reach and scale with Bombardier’s newest, state-of-the-art jet aircraft family, positioning both partners to fully unlock the value of the C Series platform and create significant new value for customers, suppliers, employees and shareholders.

Under the agreement, Airbus will provide procurement, sales and marketing, and customer support expertise to the C Series Aircraft Limited Partnership (CSALP), the entity that manufactures and sells the C Series. At closing, Airbus will acquire a 50.01% interest in CSALP. Bombardier and Investissement Québec (IQ) will own approximately 31% and 19% respectively.

CSALP’s headquarters and primary assembly line and related functions will remain in Québec, with the support of Airbus’ global reach and scale. Airbus’ global industrial footprint will expand with the Final Assembly Line in Canada and additional C Series production at Airbus’ manufacturing site in Alabama, U.S. This strengthening of the programme and global cooperation will have positive effects on Québec and Canadian aerospace operations.

The single aisle market is a key growth driver, representing 70% of the expected global future demand for aircraft. Ranging from 100 to 150 seats, the C Series is highly complementary to Airbus’ existing single aisle aircraft portfolio, which focuses on the higher end of the single-aisle business (150-240 seats). The world class sales, marketing and support networks that Airbus brings into the venture are expected to strengthen and accelerate the C Series’ commercial momentum. Additionally, Airbus’ supply chain expertise is expected to generate significant C Series production cost savings.

Airbus is strongly committed to Canada and its aerospace sector with Canadian suppliers extending their access to Airbus’ global supply chain. This new C Series partnership is set to secure jobs in Canada for many years to come.

„This is a win-win for everybody! The C Series, with its state-of-the-art design and great economics, is a great fit with our existing single-aisle aircraft family and rapidly extends our product offering into a fast growing market sector. I have no doubt that our partnership with Bombardier will boost sales and the value of this programme tremendously,” said Airbus Chief Executive Officer Tom Enders. „Not only will this partnership secure the C Series and its industrial operations in Canada, the U.K. and China, but we also bring new jobs to the U.S. Airbus will benefit from strengthening its product portfolio in the high-volume single-aisle market, offering superior value to our airline customers worldwide.”

„We are very pleased to welcome Airbus to the C Series programme,” said Alain Bellemare, President and Chief Executive Officer of Bombardier Inc. „Airbus is the perfect partner for us, Québec and Canada. Their global scale, strong customer relationships and operational expertise are key ingredients for unleashing the full value of the C Series. This partnership should more than double the value of the C Series programme and ensures our remarkable game-changing aircraft realizes its full potential.”

„The arrival of Airbus as a strategic partner today will ensure the sustainability and growth of the C Series programme, as well as consolidating the entire Québec aerospace cluster. In the current context, the partnership with Airbus is, for us, the best solution to ensure the maintenance and creation of jobs in this strategic sector of the Québec economy,” said Québec’s Deputy Prime Minister, Minister of Economy, Science and Innovation and Minister responsible for Digital Strategy, Dominique Anglade.

Ownership Structure and Agreement Highlights

The C Series programme is operated by CSALP in respect of which Bombardier and IQ respectively hold approximately a 62% and a 38% interest. The Investment Agreement contemplates Airbus acquiring a 50.01% interest in CSALP. Airbus will enter into commercial agreements relating to (i) sales and marketing support services for the C Series, (ii) management of procurement, which will include leading negotiations to improve CSALP level supplier agreements, and (iii) customer support. At closing, there will be no cash contribution by any of the partners, nor will CSALP assume any financial debt. It also contemplates that Bombardier will continue with its current funding plan of CSALP and will fund, if required, the cash shortfalls of CSALP during the first year following the closing up to a maximum amount of US$350 million, and during the second and third years following the closing up to a maximum aggregate amount of US$350 million over both years, in consideration for non-voting participating shares of CSALP with cumulative annual dividends of 2%, with any excess shortfall during such periods to be shared proportionately amongst Class A shareholders.

Airbus will benefit from call rights in respect of all of Bombardier’s interest in CSALP at fair market value, with the amount for non-voting participating shares used by Bombardier capped at the invested amount plus accrued but unpaid dividends, including a call right exercisable no earlier than 7.5 years following the closing, except in the event of certain changes in the control of Bombardier, in which case the right is accelerated. Bombardier will benefit from a corresponding put right whereby it could require that Airbus acquire its interest at fair market value after the expiry of the same period. IQ’s interest is redeemable at fair market value by CSALP, under certain conditions, starting in 2023. IQ will also benefit from tag along rights in connection with a sale by Bombardier of its interest in the partnership.

The Board of Directors of CSALP will initially consist of seven directors, four of whom will be proposed by Airbus, two of whom will be proposed by Bombardier, and one of whom will be proposed by IQ. Airbus will be entitled to name the Chairman of CSALP.

Subject to obtaining the required approval from the Toronto Stock Exchange, the transaction also provides for the issuance to Airbus, upon closing, of warrants exercisable to acquire up to 100,000,000 Class B Shares (subordinate voting) of Bombardier (representing approximately 5% of the aggregate issued and outstanding Class A Shares (multiple voting) and Class B Shares of Bombardier on a fully-diluted basis, and approximately 5% of the aggregate issued and outstanding Class A Shares and Class B Shares on a non-diluted basis), at an exercise price per share equal to the US$ equivalent of C$2.29, which represents the volume-weighted average price of the Class B Shares over the five trading days ending Friday, 13 October 2017. The warrants will have a five-year term from the date of issue, will not be listed and will provide for market standard adjustment provisions, including in the event of corporate changes, stock splits, non-cash dividends, distributions of rights, options or warrants to all or substantially all shareholders or consolidations.

The issuance of the warrants and their terms were negotiated between Bombardier and Airbus at arm’s length and will not materially affect control of Bombardier. Security holder approval will be required under Toronto Stock Exchange rules due to the fact that the warrants will be issued later than 45 days from the date upon which the exercise price was established. Such approval is expected to be obtained by way of written consent of shareholders holding more than 50% of the voting rights attached to all of Bombardier’s issued and outstanding shares.

The transaction has been approved by the Boards of Directors of both Airbus and Bombardier, as well as the Cabinet of the Government of Québec. The transaction remains subject to regulatory approvals, as well as other conditions usual in this type of transaction. There are no guarantees that the transaction will be completed and that the conditions to which it is subject would be met. Completion of the transaction is currently expected for the second half of 2018.

About Airbus:

Airbus is a global leader in aeronautics, space and related services. In 2016 it generated revenues of EUR67 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners from 100 to more than 600 seats and business aviation products. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world’s leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.

About Bombardier:

Bombardier is the world’s leading 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 and our shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2016, we posted revenues of $16.3 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Notes to editors:
Airbus will host an analyst conference call at 07:00 a.m. CEST on 17 October, 2017 with Chief Executive Officer Tom Enders and Chief Financial Officer Harald Wilhelm. A live webcast and presentation will be available at http://www.airbus.com/.
Bombardier will hold an analyst conference call on 16 October, 2017 at 19:45 p.m. ET (01:45 a.m. CEST 17 October, 2017) with a live webcast and detailed presentation available via http://www.bombardier.com/. Present on the call will be Alain Bellemare, President and Chief Executive Officer and John Di Bert, Senior Vice President and Chief Financial Officer.

Forward-looking statements

Airbus

This press release includes forward-looking statements, including in respect of the transaction pursuant to which Airbus would acquire a majority interest in the C Series aircraft programme and benefits expected to result from such transaction. Words such as „anticipates”, „believes”, „estimates”, „expects”, „intends”, „plans”, „projects”, „may” and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include statements made about strategy, ramp-up and delivery schedules, introduction of new products and services and market expectations, as well as statements regarding future performance and outlook. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include but are not limited to:

  • Changes in general economic, political or market conditions, including the cyclical nature of some of Airbus’ businesses;
  • Significant disruptions in air travel (including as a result of terrorist attacks);
  • Ability and timing to obtain regulatory and other approvals for the C Series aircraft programme transaction;
  • Ability to successfully integrate the C Series aircraft programme in collaboration with programme partners;
  • Ability to realize the expected benefits of the C Series aircraft programme transaction;
  • Currency exchange rate fluctuations, in particular between the Euro and the U.S. dollar;
  • The successful execution of internal performance plans, including cost reduction and productivity efforts;
  • Product performance risks, as well as programme development and management risks;
  • Customer, supplier and subcontractor performance or contract negotiations, including financing issues;
  • Competition and consolidation in the aerospace and defence industry;
  • Significant collective bargaining labour disputes;
  • The outcome of political and legal processes including the availability of government financing for certain programmes and the size of defence and space procurement budgets;
  • Research and development costs in connection with new products;
  • Legal, financial and governmental risks related to international transactions; and
  • Legal and investigatory proceedings and other economic, political and technological risks and uncertainties.

As a result, Airbus’ actual results may differ materially from the plans, goals and expectations set forth in such forward-looking statements. For a discussion of factors that could cause future results to differ from such forward-looking statements, see the Airbus „Registration Document” dated 4 April 2017, including the Risk Factors section. Any forward-looking statement contained in this press release speaks as of the date of this press release. Except as required by law, Airbus undertakes no obligation to publicly revise or update any forward-looking statements in light of new information, future events or otherwise.

Bombardier

This press release includes forward-looking statements, which may involve, but are not limited to: statements with respect to Bombardier’s objectives, guidance, targets, goals, priorities, market and strategies, financial position, beliefs, prospects, plans, expectations, anticipations, estimates and intentions; general economic and business outlook, prospects and trends of an industry; expected growth in demand for products and services; product development, including projected design, characteristics, capacity or performance; expected or scheduled entry-into-service of products and services, orders, deliveries, testing, lead times, certifications and project execution in general; competitive position; the completion, anticipated timing and use of the transactions described in this press release; the impact and expected benefits of the transaction on operations, infrastructure, opportunities, financial condition, access to capital and overall strategy; and the receipt of regulatory and other approvals required with respect to this transaction and the anticipated timing thereof.

Forward-looking statements can generally be identified by the use of forward-looking terminology such as „may”, „will”, „shall”, „can”, „expect”, „estimate”, „intend”, „anticipate”, „plan”, „foresee”, „believe”, „continue”, „maintain” or „align”, the negative of these terms, variations of them or similar terminology, as they relate to Bombardier and CSALP. Forward-looking statements are presented for the purpose of assisting investors and others in understanding certain key elements of Bombardier’s current objectives, strategic priorities, expectations and plans, and in obtaining a better understanding of Bombardier’s business and anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes.

By their nature, forward-looking statements require Bombardier’s management to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause Bombardier’s and CSALP’s actual results in future periods to differ materially from forecast results set forth in forward-looking statements. While Bombardier’s management consider these assumptions to be reasonable and appropriate based on information currently available, there is risk that they may not be accurate.

With respect to the transactions discussed herein specifically, certain factors that could cause actual results to differ materially from those anticipated in the forward-looking statements with respect to Bombardier include, but are not limited to, risks associated with the failure to receive or delay in receiving regulatory (including antitrust) or other approvals or otherwise satisfy the conditions to the completion of the transaction or delay in completing the transaction and uncertainty regarding the length of time required to complete the transaction; changes in the terms of the transaction; the failure by either party to satisfy its obligations pursuant to the transaction agreement; the impact of the announcement of the transaction on Bombardier’s relationships with third parties, including commercial counterparties, employees and competitors, strategic relationships, operating results and businesses generally; the failure to realize, in the timeframe anticipated or at all, the anticipated benefits and synergies of the transaction.
Certain other factors that could cause actual results to differ materially from those anticipated in the forward-looking statements with respect to Bombardier include, but are not limited to, risks associated with general economic conditions, risks associated with our business environment (such as risks associated with „Brexit”, the financial condition of the airline industry, business aircraft customers, trade policy; increased competition; political instability and force majeure events or natural disasters), operational risks (such as risks related to developing new products and services; development of new business; the certification and homologation of products and services; fixed-price and fixed-term commitments and production and project execution; pressures on cash flows and capital expenditures based on project-cycle fluctuations and seasonality; our ability to successfully implement and execute our strategy and transformation plan; doing business with partners; product performance warranty and casualty claim losses; regulatory and legal proceedings; environmental, health and safety risks; dependence on certain customers and suppliers; human resources; reliance on information systems; reliance on and protection of intellectual property rights; and adequacy of insurance coverage), financing risks (such as risks related to liquidity and access to capital markets; retirement benefit plan risk; exposure to credit risk; substantial existing debt and interest payment requirements; certain restrictive debt covenants and minimum cash levels; financing support provided for the benefit of certain customers; and reliance on government support), market risks (such as risks related to foreign currency fluctuations; changing interest rates; decreases in residual values; increases in commodity prices; and inflation rate fluctuations). For more details, see the Risks and uncertainties section in Other in the Management’s Discussion and Analysis (MD&A) of Bombardier’s financial report for the fiscal year ended December 31, 2016.

The assumptions underlying the forward-looking statements made in this press release in relation to the transaction include the following material assumptions: the satisfaction of all conditions of closing and the successful completion of the transaction within the anticipated timeframe, including receipt of regulatory (including antitrust) and other approvals and the accuracy of Bombardier’s assessment of anticipated growth divers and sector trends. For additional information relating to Bombardier with respect to the assumptions underlying the forward-looking statements made in this press release, refer to the Strategic Priorities and Guidance and forward-looking statements sections in the MD&A of Bombardier’s financial report for the fiscal year ended December 31, 2016.

Readers are cautioned that the foregoing list of factors that may affect future growth, results and performance is not exhaustive and undue reliance should not be placed on forward-looking statements. Other risks and uncertainties not presently known to Bombardier or that Bombardier presently believe are not material could also cause actual results or events to differ materially from those expressed in its forward-looking statements. Accordingly, there can be no assurance that the proposed transaction will occur or that the anticipated strategic benefits and operational, competitive and cost synergies will be realized in their entirety, in part or at all. The forward-looking statements set forth herein reflect Bombardier’s management’s expectations as at the date of this press release and are subject to change after such date. Unless otherwise required by applicable securities laws, Bombardier expressly disclaim any intention, and assume no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Bombardier Inc. (BDRBF: OTCQX International Premier) | Airbus and Bombardier Announce C Series Partnership

AMSTERDAM, NETHERLANDS and MONTREAL, QUEBEC–(Marketwired – Oct 16, 2017) – Airbus SE (EPA:AIR) and Bombardier Inc. (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF)

  • Airbus to acquire majority stake in the C Series Aircraft Limited Partnership
  • Partnership brings together two complementary product lines, with 100-150 seat market segment expected to represent more than 6,000 new aircraft over the next 20 years
  • Combination of Airbus’ global reach and scale with Bombardier’s newest aircraft family to create significant value for customers, suppliers, employees and shareholders
  • Significant C Series production costs savings anticipated by leveraging Airbus’ supply chain expertise
  • Commitment to Québec: C Series Aircraft Limited Partnership headquarters and primary assembly to remain in Québec, with the support of both companies’ global supply chains
  • Airbus’ global industrial footprint expands with the C Series Final Assembly Line in Canada, resulting in a positive impact on operations in Québec and across the country
  • Growing market for C Series results in second Final Assembly Line in Mobile, Alabama, serving U.S. customers

Airbus SE (EPA:AIR) and Bombardier Inc. (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) are to become partners on the C Series aircraft programme. A corresponding agreement was signed today. The agreement brings together Airbus’ global reach and scale with Bombardier’s newest, state-of-the-art jet aircraft family, positioning both partners to fully unlock the value of the C Series platform and create significant new value for customers, suppliers, employees and shareholders.

Under the agreement, Airbus will provide procurement, sales and marketing, and customer support expertise to the C Series Aircraft Limited Partnership (CSALP), the entity that manufactures and sells the C Series. At closing, Airbus will acquire a 50.01% interest in CSALP. Bombardier and Investissement Québec (IQ) will own approximately 31% and 19% respectively.

CSALP’s headquarters and primary assembly line and related functions will remain in Québec, with the support of Airbus’ global reach and scale. Airbus’ global industrial footprint will expand with the Final Assembly Line in Canada and additional C Series production at Airbus’ manufacturing site in Alabama, U.S. This strengthening of the programme and global cooperation will have positive effects on Québec and Canadian aerospace operations.

The single aisle market is a key growth driver, representing 70% of the expected global future demand for aircraft. Ranging from 100 to 150 seats, the C Series is highly complementary to Airbus’ existing single aisle aircraft portfolio, which focuses on the higher end of the single-aisle business (150-240 seats). The world class sales, marketing and support networks that Airbus brings into the venture are expected to strengthen and accelerate the C Series’ commercial momentum. Additionally, Airbus’ supply chain expertise is expected to generate significant C Series production cost savings.

Airbus is strongly committed to Canada and its aerospace sector with Canadian suppliers extending their access to Airbus’ global supply chain. This new C Series partnership is set to secure jobs in Canada for many years to come.

„This is a win-win for everybody! The C Series, with its state-of-the-art design and great economics, is a great fit with our existing single-aisle aircraft family and rapidly extends our product offering into a fast growing market sector. I have no doubt that our partnership with Bombardier will boost sales and the value of this programme tremendously,” said Airbus Chief Executive Officer Tom Enders. „Not only will this partnership secure the C Series and its industrial operations in Canada, the U.K. and China, but we also bring new jobs to the U.S. Airbus will benefit from strengthening its product portfolio in the high-volume single-aisle market, offering superior value to our airline customers worldwide.”

„We are very pleased to welcome Airbus to the C Series programme,” said Alain Bellemare, President and Chief Executive Officer of Bombardier Inc. „Airbus is the perfect partner for us, Québec and Canada. Their global scale, strong customer relationships and operational expertise are key ingredients for unleashing the full value of the C Series. This partnership should more than double the value of the C Series programme and ensures our remarkable game-changing aircraft realizes its full potential.”

„The arrival of Airbus as a strategic partner today will ensure the sustainability and growth of the C Series programme, as well as consolidating the entire Québec aerospace cluster. In the current context, the partnership with Airbus is, for us, the best solution to ensure the maintenance and creation of jobs in this strategic sector of the Québec economy,” said Québec’s Deputy Prime Minister, Minister of Economy, Science and Innovation and Minister responsible for Digital Strategy, Dominique Anglade.

Ownership Structure and Agreement Highlights

The C Series programme is operated by CSALP in respect of which Bombardier and IQ respectively hold approximately a 62% and a 38% interest. The Investment Agreement contemplates Airbus acquiring a 50.01% interest in CSALP. Airbus will enter into commercial agreements relating to (i) sales and marketing support services for the C Series, (ii) management of procurement, which will include leading negotiations to improve CSALP level supplier agreements, and (iii) customer support. At closing, there will be no cash contribution by any of the partners, nor will CSALP assume any financial debt. It also contemplates that Bombardier will continue with its current funding plan of CSALP and will fund, if required, the cash shortfalls of CSALP during the first year following the closing up to a maximum amount of US$350 million, and during the second and third years following the closing up to a maximum aggregate amount of US$350 million over both years, in consideration for non-voting participating shares of CSALP with cumulative annual dividends of 2%, with any excess shortfall during such periods to be shared proportionately amongst Class A shareholders.

Airbus will benefit from call rights in respect of all of Bombardier’s interest in CSALP at fair market value, with the amount for non-voting participating shares used by Bombardier capped at the invested amount plus accrued but unpaid dividends, including a call right exercisable no earlier than 7.5 years following the closing, except in the event of certain changes in the control of Bombardier, in which case the right is accelerated. Bombardier will benefit from a corresponding put right whereby it could require that Airbus acquire its interest at fair market value after the expiry of the same period. IQ’s interest is redeemable at fair market value by CSALP, under certain conditions, starting in 2023. IQ will also benefit from tag along rights in connection with a sale by Bombardier of its interest in the partnership.

The Board of Directors of CSALP will initially consist of seven directors, four of whom will be proposed by Airbus, two of whom will be proposed by Bombardier, and one of whom will be proposed by IQ. Airbus will be entitled to name the Chairman of CSALP.

Subject to obtaining the required approval from the Toronto Stock Exchange, the transaction also provides for the issuance to Airbus, upon closing, of warrants exercisable to acquire up to 100,000,000 Class B Shares (subordinate voting) of Bombardier (representing approximately 5% of the aggregate issued and outstanding Class A Shares (multiple voting) and Class B Shares of Bombardier on a fully-diluted basis, and approximately 5% of the aggregate issued and outstanding Class A Shares and Class B Shares on a non-diluted basis), at an exercise price per share equal to the US$ equivalent of C$2.29, which represents the volume-weighted average price of the Class B Shares over the five trading days ending Friday, 13 October 2017. The warrants will have a five-year term from the date of issue, will not be listed and will provide for market standard adjustment provisions, including in the event of corporate changes, stock splits, non-cash dividends, distributions of rights, options or warrants to all or substantially all shareholders or consolidations.

The issuance of the warrants and their terms were negotiated between Bombardier and Airbus at arm’s length and will not materially affect control of Bombardier. Security holder approval will be required under Toronto Stock Exchange rules due to the fact that the warrants will be issued later than 45 days from the date upon which the exercise price was established. Such approval is expected to be obtained by way of written consent of shareholders holding more than 50% of the voting rights attached to all of Bombardier’s issued and outstanding shares.

The transaction has been approved by the Boards of Directors of both Airbus and Bombardier, as well as the Cabinet of the Government of Québec. The transaction remains subject to regulatory approvals, as well as other conditions usual in this type of transaction. There are no guarantees that the transaction will be completed and that the conditions to which it is subject would be met. Completion of the transaction is currently expected for the second half of 2018.

About Airbus:

Airbus is a global leader in aeronautics, space and related services. In 2016 it generated revenues of EUR67 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners from 100 to more than 600 seats and business aviation products. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world’s leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.

About Bombardier:

Bombardier is the world’s leading 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 and our shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2016, we posted revenues of $16.3 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Notes to editors:
Airbus will host an analyst conference call at 07:00 a.m. CEST on 17 October, 2017 with Chief Executive Officer Tom Enders and Chief Financial Officer Harald Wilhelm. A live webcast and presentation will be available at http://www.airbus.com/.
Bombardier will hold an analyst conference call on 16 October, 2017 at 19:45 p.m. ET (01:45 a.m. CEST 17 October, 2017) with a live webcast and detailed presentation available via http://www.bombardier.com/. Present on the call will be Alain Bellemare, President and Chief Executive Officer and John Di Bert, Senior Vice President and Chief Financial Officer.

Forward-looking statements

Airbus

This press release includes forward-looking statements, including in respect of the transaction pursuant to which Airbus would acquire a majority interest in the C Series aircraft programme and benefits expected to result from such transaction. Words such as „anticipates”, „believes”, „estimates”, „expects”, „intends”, „plans”, „projects”, „may” and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include statements made about strategy, ramp-up and delivery schedules, introduction of new products and services and market expectations, as well as statements regarding future performance and outlook. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include but are not limited to:

  • Changes in general economic, political or market conditions, including the cyclical nature of some of Airbus’ businesses;
  • Significant disruptions in air travel (including as a result of terrorist attacks);
  • Ability and timing to obtain regulatory and other approvals for the C Series aircraft programme transaction;
  • Ability to successfully integrate the C Series aircraft programme in collaboration with programme partners;
  • Ability to realize the expected benefits of the C Series aircraft programme transaction;
  • Currency exchange rate fluctuations, in particular between the Euro and the U.S. dollar;
  • The successful execution of internal performance plans, including cost reduction and productivity efforts;
  • Product performance risks, as well as programme development and management risks;
  • Customer, supplier and subcontractor performance or contract negotiations, including financing issues;
  • Competition and consolidation in the aerospace and defence industry;
  • Significant collective bargaining labour disputes;
  • The outcome of political and legal processes including the availability of government financing for certain programmes and the size of defence and space procurement budgets;
  • Research and development costs in connection with new products;
  • Legal, financial and governmental risks related to international transactions; and
  • Legal and investigatory proceedings and other economic, political and technological risks and uncertainties.

As a result, Airbus’ actual results may differ materially from the plans, goals and expectations set forth in such forward-looking statements. For a discussion of factors that could cause future results to differ from such forward-looking statements, see the Airbus „Registration Document” dated 4 April 2017, including the Risk Factors section. Any forward-looking statement contained in this press release speaks as of the date of this press release. Except as required by law, Airbus undertakes no obligation to publicly revise or update any forward-looking statements in light of new information, future events or otherwise.

Bombardier

This press release includes forward-looking statements, which may involve, but are not limited to: statements with respect to Bombardier’s objectives, guidance, targets, goals, priorities, market and strategies, financial position, beliefs, prospects, plans, expectations, anticipations, estimates and intentions; general economic and business outlook, prospects and trends of an industry; expected growth in demand for products and services; product development, including projected design, characteristics, capacity or performance; expected or scheduled entry-into-service of products and services, orders, deliveries, testing, lead times, certifications and project execution in general; competitive position; the completion, anticipated timing and use of the transactions described in this press release; the impact and expected benefits of the transaction on operations, infrastructure, opportunities, financial condition, access to capital and overall strategy; and the receipt of regulatory and other approvals required with respect to this transaction and the anticipated timing thereof.

Forward-looking statements can generally be identified by the use of forward-looking terminology such as „may”, „will”, „shall”, „can”, „expect”, „estimate”, „intend”, „anticipate”, „plan”, „foresee”, „believe”, „continue”, „maintain” or „align”, the negative of these terms, variations of them or similar terminology, as they relate to Bombardier and CSALP. Forward-looking statements are presented for the purpose of assisting investors and others in understanding certain key elements of Bombardier’s current objectives, strategic priorities, expectations and plans, and in obtaining a better understanding of Bombardier’s business and anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes.

By their nature, forward-looking statements require Bombardier’s management to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause Bombardier’s and CSALP’s actual results in future periods to differ materially from forecast results set forth in forward-looking statements. While Bombardier’s management consider these assumptions to be reasonable and appropriate based on information currently available, there is risk that they may not be accurate.

With respect to the transactions discussed herein specifically, certain factors that could cause actual results to differ materially from those anticipated in the forward-looking statements with respect to Bombardier include, but are not limited to, risks associated with the failure to receive or delay in receiving regulatory (including antitrust) or other approvals or otherwise satisfy the conditions to the completion of the transaction or delay in completing the transaction and uncertainty regarding the length of time required to complete the transaction; changes in the terms of the transaction; the failure by either party to satisfy its obligations pursuant to the transaction agreement; the impact of the announcement of the transaction on Bombardier’s relationships with third parties, including commercial counterparties, employees and competitors, strategic relationships, operating results and businesses generally; the failure to realize, in the timeframe anticipated or at all, the anticipated benefits and synergies of the transaction.
Certain other factors that could cause actual results to differ materially from those anticipated in the forward-looking statements with respect to Bombardier include, but are not limited to, risks associated with general economic conditions, risks associated with our business environment (such as risks associated with „Brexit”, the financial condition of the airline industry, business aircraft customers, trade policy; increased competition; political instability and force majeure events or natural disasters), operational risks (such as risks related to developing new products and services; development of new business; the certification and homologation of products and services; fixed-price and fixed-term commitments and production and project execution; pressures on cash flows and capital expenditures based on project-cycle fluctuations and seasonality; our ability to successfully implement and execute our strategy and transformation plan; doing business with partners; product performance warranty and casualty claim losses; regulatory and legal proceedings; environmental, health and safety risks; dependence on certain customers and suppliers; human resources; reliance on information systems; reliance on and protection of intellectual property rights; and adequacy of insurance coverage), financing risks (such as risks related to liquidity and access to capital markets; retirement benefit plan risk; exposure to credit risk; substantial existing debt and interest payment requirements; certain restrictive debt covenants and minimum cash levels; financing support provided for the benefit of certain customers; and reliance on government support), market risks (such as risks related to foreign currency fluctuations; changing interest rates; decreases in residual values; increases in commodity prices; and inflation rate fluctuations). For more details, see the Risks and uncertainties section in Other in the Management’s Discussion and Analysis (MD&A) of Bombardier’s financial report for the fiscal year ended December 31, 2016.

The assumptions underlying the forward-looking statements made in this press release in relation to the transaction include the following material assumptions: the satisfaction of all conditions of closing and the successful completion of the transaction within the anticipated timeframe, including receipt of regulatory (including antitrust) and other approvals and the accuracy of Bombardier’s assessment of anticipated growth divers and sector trends. For additional information relating to Bombardier with respect to the assumptions underlying the forward-looking statements made in this press release, refer to the Strategic Priorities and Guidance and forward-looking statements sections in the MD&A of Bombardier’s financial report for the fiscal year ended December 31, 2016.

Readers are cautioned that the foregoing list of factors that may affect future growth, results and performance is not exhaustive and undue reliance should not be placed on forward-looking statements. Other risks and uncertainties not presently known to Bombardier or that Bombardier presently believe are not material could also cause actual results or events to differ materially from those expressed in its forward-looking statements. Accordingly, there can be no assurance that the proposed transaction will occur or that the anticipated strategic benefits and operational, competitive and cost synergies will be realized in their entirety, in part or at all. The forward-looking statements set forth herein reflect Bombardier’s management’s expectations as at the date of this press release and are subject to change after such date. Unless otherwise required by applicable securities laws, Bombardier expressly disclaim any intention, and assume no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Copyright © 2017 Marketwired. All Rights Reserved

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Military Personal Protective Equipment Market Is Expected to Grow at a CAGR of 6.1% from 2016-2024

Albany, NY — (SBWIRE) — 10/16/2017 — According to the research report, the global military personal protective equipment market was valued at US$11.23 bn in 2015 and is expected to reach US$19.09 bn by the end of 2024. The market is projected to progress at a CAGR of 6.1% between 2016 and 2024.

The types of products available in the global market are body armor (IBA), advanced combat helmet (ACH), improved outer tactical vest (IOTV), pelvic protection systems (PPS), life safety jackets, military combat eye protection (MCEP), and others. Out of all the products, the body armor product segment is expected to make a significant contribution to the global market. The segment is slated to acquire a share of 33.1% by the end of 2024.

In terms of geography, the global market is fragmented into North America, Europe, Asia Pacific, Saudi Arabia, and Latin America. The report indicates that North America is likely to dominate the global market with Asia Pacific following closely. The North America military personal protective equipment market is estimated to acquire a share of 24.4% by the end of 2024.

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The highly volatile situation amongst countries in the Middle East, India, and Iraq is the key growth driver for the global military personal protective equipment market. The increasing role of ground troops in combat has augmented the demand for military personal protective equipment in the recent past. The ongoing wars and conflicts have been boosting the uptake of this equipment to ensure safety of the troops. The report states that wars in Afghanistan, South Sudan, and Iraq have collectively kept the demand for protective gear at an all-time high through the past decade.

The report also highlights the fact that the growing need for advanced equipment to ensure the safety of troops has also benefited the global market. Furthermore, growing number of government initiatives to increasing expenditure on advanced equipment through several are also expected to drive the global market. Fast pace of developments in countries such as Pakistan, India, and Brazil are also expected to fuel the growth of this market. The increasing tensions between countries such as India and Pakistan among others is another factor propelling the uptake of military personal protective equipment.

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The only drawback for the global military personal protective equipment market is the defense budget cuts made by developed countries such as the U.K. and the U.S. Countries such as Germany and Canada along with the U.S. and the U.K. are likely to make major changes to defense budgets. Furthermore, their strict arms allocation policies are also expected to cast a negative spell on the global market.

The top three leading players in the global military personal protective equipment market held a share of 52.2% in the overall market in 2015. These players are determined to bring in product innovation to rise above the stiff competition in the global market. Furthermore, several companies are also emphasizing on achieving technological advancements to cater to the demands of clients.

Global Military Personal Protective Equipment Market Report is available @ US$ 5795 : http://www.transparencymarketresearch.com/checkout.php?rep_id=19655

About Transparency Market Research
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact us:
Transparency Market Research
90 State Street,
Suite 700,
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Non-Lethal Biochemical Weapons Market Research Report Forecast to 2024

Albany, NY — (SBWIRE) — 10/16/2017 — A report by Transparency Market Research uncovers that the global non-lethal biochemical weapons market will likely expand at a healthy CAGR of 8.0% CAGR during the period between 2016 and 2024. Rising at this rate, the market, which was worth US$1.17 bn in 2015 will likely become worth US$2.32 bn by 2024.

Two of the prominent end-use segments in the global non-lethal biochemical market are law-enforcement agencies and military forces. Among them, the military forces account for most of the demand and in 2015 held more than 82% of the overall market. In the years ahead too, the segment is expected to hold on to its leading share on the back of growing use of non-lethal biochemical weapons by military forces due to the pressing need for crowd control in emerging nations. Further, these weapons offer advanced methods to counter internal security challenges too.

Geographically, the key segments of the global market for non-lethal biochemical are Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa. Of them, the Middle East and Africa bring about maximum demand and accounted for about 35% share in the market in 2015.

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Majorly fuelling the global market for non-lethal biochemical weapons is the increasing defense budget, worldwide, and the use of sophisticated weaponry to maintain law and order. This is mainly on account of the increased cross-border tension between nations these days. This has also egged companies to come up with innovative weapons that are more effective. As a result, demand for non-lethal biochemical weapons, which are technologically advanced, is soaring. As per the lead analyst of the TMR report, „Exceptional developments in biochemical studies have led to the innovation of non-lethal weapons offering unmatched efficiency.” With producers pouring in money on product development to counter potential collateral impairment, the future of the market looks upbeat.

Further, rise in the number of military tasks beyond non-combatant zones along with increasing role of military forces and law enforcement agencies in peacekeeping purposes such as disaster management, controlling civil unrests and riots, and countering insurgencies is having a positive influence on the market as well. Such activities are most prominent in countries of China, India, France, and the U.S. Political upheavals in countries of Brazil, Israel, Eygpt, and Ukraine also have had a positive impact on the market. This is because non-lethal biochemical weapons help in dispersing violent crowds sans physical harm or injury.

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Serving to hinder the global market for non-lethal biochemical weapons, on the other hand, is the strict regulations surrounding their use and opposition from human rights associations. The increasing number of injuries from the use of biochemical weapons is also hampering demand.

The global market for non-lethal biochemical is consolidated in nature. In 2015, two dominant companies, namely General Dynamics Corporation and Raytheon Companies, accounted for almost 57% share in the market. BAE systems followed in the third position. The market shares of the key companies are likely undergo considerable changes in the near future on account of the ever-changing competitive dynamics.

Global Non-lethal Biochemical Weapons Market Report is available @ US$ 5795 : http://www.transparencymarketresearch.com/checkout.php?rep_id=20858

About Transparency Market Research
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact us:
Transparency Market Research
90 State Street,
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Website: http://www.transparencymarketresearch.com/