Committed to Canada [CS19D2]

On the same subject

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  March 15, 2019 | Local, Aerospace

  DRAKKAR and Avianor partner to fuel growth of Quebec aerospace cluster

  DRAKKAR, a world-class company specialized in operational outsourcing within sectors including aerospace, and Avianor, a complete commercial aviation cabin integration specialist and MRO organization, have finalized a partnership agreement which will enable Avianor to accelerate its growth strategy. With the help of Ernst & Young Orenda Corporate Finance, Avianor strongly believes the strategic and Canadian-based company DRAKKAR is the best partner to secure the future of Avianor. Following this transaction, effective as of Feb. 28, 2019, the Avianor board of directors now consists of Earl Diamond, CEO of Avianor; Sylvain Savard, president and founder of Avianor; along with two new members from DRAKKAR, Denis Deschamps, president and CEO of Drakkar & Partners; and Benoit Hudon, president and CEO of the company's manufacturing business unit. Over the past 24 years, Avianor has become a leader in the aviation industry by distinguishing itself through innovative problem solving, maintaining a skilled workforce and a flexible corporate culture. Although Avianor will remain an independent operation, DRAKKAR will now provide Avianor with strategic, tactical, financial, operational, business development and training support to help the company accelerate and achieve its consolidation and growth plan while meeting customers' satisfaction. Part of this plan also includes the renovation of a new and additional facility with over 100,000 square feet of hangars and offices with airside access at Montreal-Mirabel International Airport (YMX). “This new partnership reinforces the global positioning of our business as a high-caliber outsourcing team with the ability to optimize operations while keeping in mind productivity, efficiency and quality,” said Deschamps and Hudon. “With over 25 years of experience and expertise in outsourcing, this is a major turning point for our manufacturing business unit as it opens the door to the convergence and deployment of its global service offer. “DRAKKAR Manufacturing fits perfectly with our vision of creating our own innovative manufacturing ecosystem in one of our leading sectors, working collaboratively with our employees, partners, customers and suppliers as well as our own infrastructure,” added Deschamps and Hudon. “For us, this association with DRAKKAR reflects our determination and willingness to meet the needs of our existing and future clients and shows our concrete commitment to perpetuate Avianor activities over the long term and secure hundreds of jobs here in Quebec at the Mirabel Airport,” said Savard and Diamond. “With a current workforce of over 2,500 people and a solid experience in operations management, DRAKKAR will help us achieve the operational efficiency required of a large enterprise while ensuring personalized service is provided to all our clients.” “It is a proud moment for Aéro Montreal to see these companies conclude a partnership agreement with the objective of uniting their forces and combining their complementary expertise to create a strong added value within the industry,” said Suzanne M. Benoit, president of Aéro Montreal. “In addition to fostering economic growth and job creation across Canada, this type of partnership contributes to an even stronger, more competitive and prosperous Quebec aerospace industry. “It is a common and shared priority to ensure the visibility and influence of the companies that make up our industrial cluster, and in order to do so, we must effectively offer the OEMs more integrated solutions.” https://www.skiesmag.com/press-releases/drakkar-and-avianor-partner-to-fuel-growth-of-quebec-aerospace-cluster

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  February 9, 2021 | Local, Aerospace

  Magellan Aerospace and General Electric Aviation Canada Sign Memorandum of Understanding for F414 Engine Sustainment in Support of Boeing Super Hornet Bid for Canada Future Fighter Competition

  Feb 08, 2021 • 1 day ago • 3 minute read TORONTO — Magellan Aerospace Corporation (“Magellan”) announced today the signing of a Memorandum of Understanding (“MOU”) with General Electric Aviation Canada (“GE Canada”) for the purpose of exploring an arrangement whereby GE Canada would support Magellan in establishing and delivering a Canadian-based sustainment solution for the GE F414-GE-400 engine, which powers Boeing's F/A-18 Block III Super Hornet fighter jet. This initiative is in support of Boeing's proposal to provide the Block III Super Hornet as a solution for Canada's Future Fighter Capability Project (“FFCP”). Under this MOU, with the selection of the Super Hornet for the FFCP, GE Canada and Magellan would develop an appropriate and competitive sustainment solution for Canada which would provide all aircraft engine sustainment services for the Royal Canadian Air Force (“RCAF”) on their F414 engine fleet. The in-country depot level sustainment support for the engines includes onsite maintenance, repair and overhaul (“MR&O”) support services, technical services, and engineering support and would be performed in Magellan's facility in Mississauga, Ontario for the life of the program. This engine sustainment work for Magellan aligns with the objectives outlined in Canada's FFCP ITB requirement and will continue to provide high-value, high-complexity jobs in Ontario, Canada. GE Canada and Magellan have an enduring and mutually successful relationship that has spanned more than five decades. Magellan's Mississauga facility currently provides engine R&O and fleet management services for the F404 engine that powers Canada's existing fleet of CF-18 Hornet aircraft and is an approved source for F404 and J85 engine repair. Magellan's North American facilities, including Mississauga and Winnipeg, provide components for the F414 new engine manufacture and other GE engine programs. Magellan also has a longstanding relationship with Boeing and provides aircraft components to Boeing for all major programs including the F/A-18 Block III Super Hornet. “Providing engine and fleet maintenance support for the RCAF is part of the DNA of Magellan's Mississauga facility,” said Haydn Martin, Vice President of Business Development, Marketing and Contracts of Magellan Aerospace. “Magellan has been the sole provider of RCAF jet fighter engine support since the 1950s and our workforce takes pride in helping Canada's air force achieve the highest standards of flight and operational readiness.” 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 defence 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. About General Electric Aviation Canada GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, as well as integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings. In turn, GE Canada is a wholly owned subsidiary of GE. Follow GE Aviation on Twitter and YouTube. 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. View source version on businesswire.com:https://www.businesswire.com/news/home/20210208005019/en/ Contacts For information: Daniel Chaisson Director, Corporate Business Development Magellan Aerospace Ph. +1 978 423 9257 William “Cole” Massie Media Relations GE Aviation Ph. +1 513 288 4489 william.massie@ge.com https://financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/magellan-aerospace-and-general-electric-aviation-canada-sign-memorandum-of-understanding-for-f414-engine-sustainment-in-support-of-boeing-super-hornet-bid-for-canada-future-fighter-competition

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  November 12, 2020 | Local, Naval

  State Dept. Approves Possible SM-2 Block IIC Missile Sale to Canada

  Posted on November 10, 2020 by Seapower Staff WASHINGTON — The State Department has approved a possible Foreign Military Sale to the Government of Canada of Standard Missile 2 (SM-2) Block IIIC missiles and related equipment for an estimated cost of $500 million, the Defense Security Cooperation Agency (DSCA) said in a release. The Government of Canada has requested to buy 100 Standard Missile 2 (SM-2) Block IIIC missiles and 100 Mk13 Vertical Launch System canisters modified to employ the SM-2 Block IIIC missile. The proposed also would include “obsolescence engineering; integration and test activity associated with production of subject missiles; canister handling and loading/unloading equipment and associated spares; training and training equipment/aids; technical publications and data; U.S. Government and contractor engineering, technical, and logistics support; and other related elements of logistical and program support, the release said. This proposed sale will provide Canada with SM-2 Block IIIC missiles for installation on its planned 15 Canadian Surface Combatant ships, ensuring its ability to operate alongside U.S. and Allied naval forces against the full spectrum of naval threats. The principal U.S. contractor will be Raytheon Missiles and Defense, Tucson, Arizona. https://seapowermagazine.org/state-dept-approves-possible-sm-2-block-iic-missile-sale-to-canada/