CAE poised to revolutionize pilot, aircrew and healthcare professional training by investing C$1 billion over five years in innovation

On the same subject

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  June 10, 2019 | Local, Aerospace

  Héroux-Devtek announces acquisition of Québec-based Alta Précision Inc.

  Héroux-Devtek Inc., the world's third-largest landing gear manufacturer, announced that it has concluded the acquisition of all the outstanding shares of Montreal-based Alta Precision Inc., a manufacturer of high-precision landing gear components. The transaction, which is subject to final purchase price adjustments, is valued at $23 million and was funded through the corporation's credit facilities. Héroux-Devtek, with its head office in Longueuil, Que., has 1,960 employees around the world, of which approximately 800 are located in Québec following the acquisition of Alta Precision Inc. Since its inception in 1942, Héroux-Devtek has grown from a small repair and overhaul facility to a world-class supplier of landing gear and actuation systems, delivering on major platforms such as the Boeing 777 and 777X. This acquisition, along with those of CESA, Beaver and Tekalia announced over the last year, strengthen its leadership position around the world. “The acquisition of Alta Precision Inc. expands our portfolio of commercial products by providing both access to new programs and additional content on existing platforms. It also comes with the backlog and manufacturing capacity necessary to grow the existing business”, said Martin Brassard, president & CEO of Héroux-Devtek. “We would like to welcome the Alta Precision Inc. employees and its president Guillermo Alonso who will join the growing Héroux-Devtek team. Together, we are confident in our ability to add value to Alta Precision Inc.'s operations and meet growing demand for our world-class landing gear offering”, added Brassard. “We are delighted to join Héroux-Devtek, a leading landing gear manufacturer for the global aerospace industry. With its growing customer base in North America and Europe, we will play a strong role in accelerating the growth of the corporation,” said Alonso, president of Alta Precision Inc. Founded in 1980, Alta Precision Inc. is a privately owned company which operates a state-of-the-art 72,000 square foot facility located in Montreal, Que. The company has approximately $18 million in annual revenues and employs 110 highly skilled personnel. Alta Precision Inc. manufactures complex landing gear components and assemblies for large customers such as Embraer, Safran, Liebherr and the United States Air Force. Alta Precision's strong backlog is comprised mainly of commercial aircraft landing gear components for the new E-2 and Airbus A-220 programs and for the Boeing 787 and Airbus A-350, two recent and growing commercial platforms. https://www.skiesmag.com/press-releases/heroux-devtek-announces-acquisition-of-quebec-based-alta-precision-inc/

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  October 25, 2018 | Local, Naval, Security

  'Interim' icebreakers to be used for decades

  OTTAWA — The Canadian Coast Guard says three "interim" icebreakers that were recently purchased without a competition will be used for the next 15 to 20 years. Coast guard officials revealed the timeframe in interviews with The Canadian Press while playing down concerns about the state of their aging fleet — and the challenges in building replacements. The government in August agreed to sole-sourcing the purchase of three used icebreakers from Davie Shipbuilding for $610 million, saying a stop-gap was needed until replacements could be built. The deal represented a win for the Quebec-based shipyard, which had been lobbying hard for additional federal work, and should ease pressure on the coast guard's icebreaking fleet. The coast guard's existing vessels are on average more than 35 years old and have lost hundreds of operational days over the past few years due to mechanical breakdowns. Yet there are no immediate plans to replace them; the government's multibillion-dollar shipbuilding plan includes only one new heavy icebreaker, which won't be ready until the next decade. Deputy Commissioner Andy Smith, who is overseeing the shipbuilding plan for the coast guard, said the service is instead in the midst of extending the life of its current fleet another 20 years — during which it will rely on the Davie ships to fill any gaps. "The icebreakers that we recently purchased were envisioned to backfill behind those various ships as we put them into a refit or an extended maintenance period," Smith said in an interview. "And we have mapped that out over 20 years." Deputy Commissioner Mario Pelletier, who is responsible for coast guard operations, confirmed that time period in a separate interview, saying: "I would expect that we're going to have them for 15, 20 years. "The urgent need is just to make sure we do have a surge capacity to backfill when those ships come out of service," he added. While few would argue the need for additional icebreakers, the timeline has nevertheless resulted in fresh criticism of the country's procurement system — and questions about the shipbuilding plan. The federal government previously purchased "interim" icebreakers in the 1980s and those vessels are still in use, said Rob Huebert, an expert on the Arctic at the University of Calgary. That, plus the absence of any real plan to replace the majority of the coast guard's icebreakers, leads Huebert to believe the three Davie ships will eventually become part of the permanent fleet. "What's going to happen is we have been overworking our three medium icebreakers and those three (Davie ships) will replace them even though no one is saying they're replacing them," he said. The two Canadian Coast Guard officials both insisted that the Davie deal would not undercut the shipbuilding plan, through which Vancouver Shipyards is building several coast guard ships. Those include three fisheries-science ships, an ocean-science vessel and a heavy icebreaker, in that order. Two naval support ships will be built between the ocean-science vessel and the icebreaker. But defence analyst David Perry of the Canadian Global Affairs Institute wondered whether calling the Davie deal an "interim" measure was intended to sidestep the plan — and any legal trouble. Either way, he said, the arrangement only underscores many of the enduring issues facing Canada's troubled procurement system and the long amount of time it takes to buy new equipment. "If they're defining an interim period being up to 20 years, only in Canada is that considered an interim basis," he said, noting that the shipbuilding plan is already years behind schedule. "Only in a country where you run things for 40-plus years is two decades a temporary solution." Smith and Pelletier said the current coast guard fleet is nonetheless in good shape and that there are positive signs of progress at Vancouver Shipbuilding, despite some hiccups. Those included a welding problem discovered on the three fisheries-science ships that has pushed back delivery of the first of those vessels until next year. The design and budget for the ocean-science ship also remains up in the air, while the construction schedule for the navy support ships and heavy icebreaker remain in limbo. "It's really a dynamic time as we look to regrow the whole ecosystem of shipbuilding in this country, and they are in various stages of design and construction," Smith said of the challenges. "So that whole ecosystem is being rebuilt." — Follow @leeberthiaume on Twitter. Note to readers: This is a corrected story. It corrects Mario Pelletier's title. By Lee Berthiaume, The Canadian Press https://www.niagarafallsreview.ca/news-story/8982113--interim-icebreakers-to-be-used-for-decades/

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  March 24, 2023 | Local, Other Defence

  U.S. President Joe Biden's visit puts Canadian defence spendinh and Norad modernization back under microscope

  U.S. President Joe Biden?s long-anticipated first trip to Ottawa this week is expected to put the state of North America?s defences and Canada?s military spending back under the microscope.