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On the same subject

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  October 16, 2018 | Local, Aerospace

  TRU and FlightSafety International Announce a Joint Venture to Offer a Combined Training Solution on Textron Aviation Platforms

  Goose Creek, S.C. —October 15, 2018— TRU Simulation + Training, a Textron Inc. (NYSE: TXT) company, and FlightSafety International have entered into a letter of intent to form a joint venture to provide the industry-leading training solution for Textron Aviation‘s broad product line of business and general aviation aircraft. TRU and FlightSafety will combine their assets and capabilities, including their simulators, courseware, and world-class teams, to support their global customers' training needs. “The combination of our training capabilities will enable us to provide best-in-class pilot and maintenance training programs to our customers around the world,” said David Davenport, Co-CEO and President, Commercial, FlightSafety International. “For more than 40 years FlightSafety has served Textron Aviation customers, and this venture will allow us to offer more flexible training options leveraging the capabilities of both organizations. We also want to recognize Bruce Whitman's significant contributions. He was instrumental in the initial planning and actively participated in the development of this important agreement. As always, Bruce's focus was to ensure that the joint venture would benefit our customers and enhance the training they receive.” “The new joint venture will enhance our ability to service our growing customer base,” said Gunnar Kleveland, president of TRU Simulation + Training Inc. “With Textron Aviation continuing to expand its product portfolio with aircraft such as the Latitude, Longitude, Hemisphere, Denali and SkyCourier, it is critical we provide the full scope of training services our customers require. This joint venture will allow us to better address that demand.” TRU will serve as the exclusive supplier of new Textron Aviation simulators to the joint venture. TRU will also continue its other operations, including the design and manufacture of training simulators and provide training solutions for the global aviation industry and military customers. The transaction is expected to close in the next several months, subject to finalizing definitive documentation and regulatory approval. https://www.trusimulation.com/news/10-15-2018/tru-and-flightsafety-international-announce-joint-venture-offer-combined-training-solution-textron

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  May 25, 2018 | Local, Aerospace, Naval, Land, C4ISR, Security

  State of Canada's Defence Industry 2018

  Innovation, Science and Economic Development Canada (ISED) joined forces with the Canadian Association of Defence and Security Industries (CADSI) to publicly release a new report on Canada's defence industry for decision makers. Features of the report include building analytic capacity through collaborative research, economic impact, innovation, exports, and supply chains analysis. https://www.ic.gc.ca/eic/site/ad-ad.nsf/eng/h_ad03978.html

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  April 21, 2020 | Local, Aerospace, Naval, Land, C4ISR, Security

  Update from the Council of Canadian Innovators - 17 April 20

  Good evening, Thank you to those who participated in this afternoon's update call with Innovation Minister Navdeep Bains. If you weren't able to join the call, we've uploaded the audio here: https://bit.ly/2VQHxZV We were pleased to have both Minister Bains and Iain Stewart, President of the National Research Council, on the call today to provide an overview of how the government plans to use the Industrial Research Assistance Program (IRAP) to support Canadian innovators who are ineligible for the 75% Canada Emergency Wage Subsidy (CEWS) and other stimulus measures announced to date. Our call with the Minister comes on the heels of an announcement by the Government of Canada to increase IRAP's funding envelope by $250M and double the funding available for Regional Development Agencies (RDAs) with an investment of $962M. For more information about the new IRAP program announced today, visit https://nrc.canada.ca/en/support-technology-innovation/register-nrc-irap-innovation-assistance-program. And while the majority of the call today did focus on the IRAP program, more information about accessing support from the RDAs is expected in the coming days, and we'll update you accordingly. I'd like to pause and thank you all for participating in our national advocacy efforts to support the Canadian technology ecosystem. By showing up, being counted, and sharing your stories with your local government representatives and members of the media, you're helping to reorient Canada's economic policies towards the 21st century innovation economy and keep Canadians working. Your advocacy matters and your voices are being heard, as Minister Bains acknowledged on the call today. Advocacy is most effective when we all speak with one voice, and over the past number of weeks, you've all put on your jersey's for Team Canada, and it's made a difference. Congratulations to you all. You can see your advocacy at work in these articles published today in various Canadian newspapers: The Globe and Mail: Ottawa unveils $1.2-billion in pandemic funding for startups, small business Betakit: Federal government commits additional $250 million in IRAP The Logic: Navdeep Bains on Ottawa's plan to save Canadian tech amid COVID-19 Financial Post: Ottawa to provide $250 million to prop up strategic innovative firms hurt by COVID-19 Have a great weekend, Ben Benjamin Bergen Executive Director Council of Canadian Innovators \ Conseil Canadien des Innovateurs