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Bombardier Aviation agreed to sell its electrical wiring facility in Querétaro, Mexico, to French aerospace company Latécoère for $50 million. The facility makes Electrical Wiring Interconnection Systems and employs 700 staff who will transfer to Latécoère.
French group Latécoère announced a non-binding offer to acquire Bombardier's electrical wiring interconnection system business, which generates about $60 million in annual revenue. Exclusive negotiations are ongoing, but no certainty of a deal.
FACC was awarded a life-of-program contract by Bombardier Aviation to manufacture radomes for the Challenger and Global business jet families. Production deliveries are planned to begin in 2020.