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March 2, 2021 | Local, Aerospace

CAE to buy L3Harris military training business for US$1.05 billion

CAE Inc. announced a deal Monday with U.S. company L3Harris Technologies to buy the company's military training business for US$1.05 billion.

https://montreal.ctvnews.ca/mobile/cae-to-buy-l3harris-military-training-business-for-us-1-05-billion-1.5328397

On the same subject

  • Magellan Awarded CDN $140 Million Contract Extension with Airbus

    November 7, 2018 | Local, Aerospace

    Magellan Awarded CDN $140 Million Contract Extension with Airbus

    Toronto, Ontario – 5 November 2018 -- Magellan Aerospace Corporation (“Magellan”) announced today, that they have secured a six year agreement with Airbus for a contract extension for the manufacture of A350 XWB centre wing box and keel beam detail parts. It is estimated that revenue generated from this work package will exceed CDN $140 million dollars over the term of the contract. The package consists of a number of large structural, machined components, and will be manufactured by Magellan in the United Kingdom and supplied to the Airbus assembly facility in Nantes, France. Mr Haydn Martin, Magellan's Vice President, New Business Development said, “This contract extension has been achieved through a combination of demonstrated operational excellence and market competitive pricing. As a strategic partner to the Airbus Group, Magellan continues to align our technology investments and manufacturing best practices to meet their current and future requirements. About Magellan Aerospace Corporation Magellan Aerospace Corporation is a global aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defense and space agencies worldwide. Magellan designs and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced proprietary products for military and space markets, and provides engine and component repair and overhaul services worldwide. Magellan is a public company whose shares trade on the Toronto Stock Exchange (TSX: MAL), with operating units throughout North America, Europe, and India. Forward Looking Statements Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. When used herein, words such as "expect", "anticipate", "estimate", "may", "will", "should", "intend", "believe", and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by the Corporation in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Corporation believes are appropriate in the circumstances. Many factors could cause the Corporation's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the "Risk Factors" section of the Corporation's Annual Information Form (copies of which filings may be obtained at www.sedar.com). These factors should be considered carefully, and readers should not place undue reliance on the Corporation's forward-looking statements. The Corporation has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. For information: Laura Podaima Director, Corporate Communications Magellan Aerospace Ph. 204 788 2831 laura.podaima@magellan.aero http://magellan.aero/investors/press-releases/

  • Chief of the Defence Staff announces first 2023 Canadian Armed Forces General and Flag Officer senior promotions and appointments

    April 17, 2023 | Local, Other Defence

    Chief of the Defence Staff announces first 2023 Canadian Armed Forces General and Flag Officer senior promotions and appointments

    April 17, 2023 – Ottawa – National Defence / Canadian Armed Forces The first Canadian Armed Forces (CAF) senior promotions and appointments of General and Flag Officers for 2023 have been announced by General Wayne Eyre, Chief of the Defence Staff. The requirement for General and Flag Officers is driven by the need to lead defence priorities at the institutional level, create and sustain a diverse and inclusive culture, and project leadership abroad. Major-General M.H.L. Bourgon has been promoted to the rank of Lieutenant-General and remains Acting Chief Military Personnel and Acting Commander Military Personnel Command (CMP/CMPC), in Ottawa.  Additional General and Flag Officer promotions and appointments announced via CANFORGEN 070/23 for those at the rank of Rear-Admiral/Major-General and below will be available on the General and Flag Officer website by visiting General Officers and Flag Officers - Canada.ca The CAF’s evolving promotion process is continuing to ensure that inclusive leaders who embody the CAF’s professional values and ethos are chosen. Promotion candidates completed an evidence-based character assessment. Promotion candidates then underwent a “360 degree” evaluation known as the multi-rater assessment. This approach uses a diverse group of evaluators to reduce bias and foster diverse perspectives to obtain a holistic perspective of the candidate’s leadership behaviour and effectiveness. Additionally, the promotion candidate is subject to an interview conducted by a third party, external to Department of National Defence and CAF, which focuses on personal experiences, self awareness, past challenges, failures, and successes. Information regarding the promotion selection process . Further promotions, appointments, and retirements will be announced when they have been confirmed. Related products Lieutenant-General M.H.L. (Lise) Bourgon, CMM, MSC, CD - Canada.ca https://www.canada.ca/en/department-national-defence/news/2023/04/chief-of-the-defence-staff-announces-first-2023-canadian-armed-forces-general-and-flag-officer-senior-promotions-and-appointments.html

  • Talon Helicopters AS365 Dauphin ready to fight fires at night

    June 23, 2020 | Local, Security

    Talon Helicopters AS365 Dauphin ready to fight fires at night

    Talon Helicopters of Richmond, B.C., is ready to take on nighttime fire attack missions with its night vision goggle (NVG) approved Airbus AS365 N2 Dauphin — the only Transport Canada approved NVG night fire attack medium helicopter in Canada. The nine-passenger aircraft, configured with a night vision cockpit and cabin, has been approved for day and night fire attack operations with the Simplex Model 301 belly tank, which can hold up to 901 litres (238 gallons) of water. Peter Murray, president of Talon Helicopters, said the company is taking advantage of the benefits and safety factors of NVGs, and “the ability to not have a grounding time.” Talon's AS365 is approved to fight fires at night with the Simplex Model 301 belly tank, which can hold up to 901 litres of water. Heath Moffatt Photo He added: “With doing initial attack at night... if a fire starts at 11 p.m. and you're on it at 11:30 p.m., of course you're going to reduce the impact the fire makes if you're on it six or eight hours earlier than if you got on it in the daylight. . . . So we're right on the leading edge of all this.” The NVG certification for the Dauphin has been a multi-year project for Talon. Murray said the company has had the capabilities to fight fires at night for just under a year now, but recently received approval from Transport Canada for all part 702/703 operations with NVGs, which includes flying passengers at night. All of the company's pilots have completed basic NVG training, and “the AS365 pilots have done advanced NVG [training],” said Murray, “so they can go into remote areas and land at night with NVGs.” Murray said the Dauphin outfitted with the Simplex tank is 30 per cent faster than other belly tank-equipped mediums. “It's a fast tank for this machine. With the snorkel stowed, it's 140 knots VNE. . . . With the snorkel on its 120 [knots]. If you're going out to do initial attack and go a distance, you're going to go there at 140 knots and you're going to get there faster,” he said. The Simplex tank has an easy install process with four hard points on the aircraft, and can be removed just as easily for a different mission configuration. “You can probably do the whole hook change and remove the tank within 20 minutes or a half-hour,” said Murray. In place of the belly tank, the Dauphin can be equipped with a 350-gallon FAST Bucket for daytime wildfire operations. A multi-mission helicopter, Talon's Dauphin is also used for medevac, search and rescue, aerial lift work and passenger transport operations. “We call it the Swiss Army knife of helicopters because we have a full approved stretcher kit (we got that approved in Canada), and then we have the hoist as well; we're approved for day and night hoisting” using Transport Canada approved crew harnesses and evacuation equipment, and a 300-foot hoist cable with a 600-pound load limit. Along with its night fire attack and nighttime hoist certifications, Talon is approved for night hover entry/exit. The aircraft has a number of STC'd avionics upgrades including the Garmin GTN 750 touchscreen navigator, helicopter terrain awareness warning system, traffic collision avoidance systems, and automatic dependent surveillance-broadcast. Building on the company's NVG firefighting capabilities, Murray said Talon is looking into collecting data on daytime and nighttime fire attack operations to evaluate the difference in the cost of fighting the fires and the cost of losing resources like trees, as well as structures. For example, “what would happen if we put 20,000 litres of water around one burning tree at nighttime... what would we have in the morning? Would it be a mop up for a couple of days, instead of a two-month production?” he said. While the current Covid-19 crisis has delayed these data-gathering initiatives, Murray said the company is still working to pursue them in the near future. https://www.skiesmag.com/news/talon-helicopters-as365-dauphin-fight-fires-night

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