August 15, 2018 | Local, Aerospace
MONTREAL – The head of flight simulator company CAE Inc. said Tuesday U.S. President Donald Trump's appetite for defence spending is a boon to the Montreal-based company, as newfound access to contracts tied to top-secret missions pave the runway for more revenue.
“On the defence side, budgets continue to be on the rise worldwide, and in the U.S. they are at historical highs,” president and CEO Marc Parent told shareholders at an annual general meeting Tuesday.
On Monday, Trump signed a $716-billion defence spending bill for 2019, an $82-billion increase from 2017 and a dramatic upswing from most Obama-era military budgets.
CAE's acquisition of Virginia-based Alpha-Omega Change Engineering earlier this month opens the hatch to “top-secret missions,” mainly out of the U.S., Parent told reporters.
An agreement between the U.S. government and a CAE subsidiary allows a proxy board made up of two American generals and a military contractor executive to oversee the high-security contracts, he said.
“That opens up an extra $3 billion of potential market for us. So that brings our total addressable market in the world to $17 billion,” Parent said.
As to what the classified missions involve, he said only, “You can speculate all day long.”
Parent defended how CAE potentially stands to benefit amidst heightened military spending south of the border, more combative language from the White House and the creation of a new armed services branch focused on fighting wars in space.
Full Article: https://www.680news.com/2018/08/14/flight-simulators-ceo-says-bigger-u-s-armed-forces-budgets-are-a-boon/
May 31, 2023 | Local, Aerospace
According to an independent study conducted by Doyletech Corporation, selecting the Boeing P-8 Poseidon for Canada's Multi-Mission Aircraft requirement would bring significant benefits to the country.
November 2, 2018 | Local, Naval
GATINEAU, QC, Nov. 1, 2018 /CNW/ - Through the National Shipbuilding Strategy (NSS), the Government of Canada is providing the women and men of the Royal Canadian Navy (RCN) with safe and effective vessels required to protect Canadians and Canadian interests. Public Services and Procurement Canada, on behalf of National Defence, has issued Advance Contract Award Notices (ACANs) to Irving Shipbuilding Inc., of Halifax, Nova Scotia, Chantier Davie Canada Inc., of Lévis, Quebec, and Seaspan Victoria Shipyards, of Victoria, British Columbia, for maintenance support services for Canada's 12 Halifax-class frigates. The combined value of the three contracts will be approximately $7 billion (including taxes). These contracts will be awarded under the repair, refit and maintenance component of the NSS and will ensure that maintenance and engineering work continue on the 12 Halifax-class frigates until the replacement Canadian Surface Combatant ships are delivered. These notices follow extensive industry engagement, which began in December 2016. Based on these consultations, it was determined that these three Canadian shipyards possess the required workforce and infrastructure necessary to conduct the work on the Halifax-class frigates. The ACANs confirm Canada's intention to enter into a contract with each of the three identified Canadian shipyards. Other interested suppliers have 15 calendar days to signal their interest in bidding for this contract, by submitting a "statement of capabilities" that meets the requirements laid out in the ACANs. Quotes "Through the National Shipbuilding Strategy, the process of renewing fleets for the Royal Canadian Navy over the next 30 years is underway across the country. Our Government's long-term commitment to maintaining an agile and responsive naval force will provide the Royal Canadian Navy and its sailors with the reliable ships they need to do their jobs while protecting the interests of all Canadians." The Honourable Carla Qualtrough Minister of Public Services and Procurement and Accessibility "As outlined in our defence policy, Strong, Secure, Engaged, we are ensuring that the women and men of our Royal Canadian Navy are equipped with the ships they need to serve Canadians. Our Government is taking measures to ensure that our modernized Halifax-class frigates are able to continue to protect Canadian waters and contribute significantly to international operations. These contracts will ensure that our frigates remain operationally ready while increasing the number of jobs and strengthening the ship maintenance capacity in Canada as outlined in our National Shipbuilding Strategy." The Honourable Harjit S. Sajjan Minister of National Defence Quick facts The Industrial and Technological Benefits Policy, including Value Proposition, will be applied to this procurement. Periodic docking maintenance work periods are essential to ensure the Halifax-class frigates are available and reliable during their operational cycle and deployments. The RCN has 12 Halifax-class frigates; seven are stationed in Halifax, Nova Scotia, while the five are stationed in Esquimalt, British Columbia. The RCN requires that at least eight of 12 frigates are able to deploy at all times to meet the Navy's commitment to the Government of Canada. The ships require a wide range of engineering change work, equipment installations, docking work and corrective maintenance activities to ensure that they remain operationally available and relevant through to end of life. SOURCE Public Services and Procurement Canada https://www.newswire.ca/news-releases/canadas-halifax-class-frigates-ready-for-duty-now-and-in-the-future-699259681.html
January 25, 2018 | Local, Aerospace
DAVID PUGLIESE, OTTAWA CITIZEN More from David Pugliese, Ottawa Citizen It's going to take a while to do but the RCAF plans to extend the life of its Griffon helicopters out to the 2030s. “The project will replace obsolete cockpit instruments and avionics with components that are supportable to the mid-2030s,” the RACF noted. Adaptation and integration of existing avionics and electronic flight instruments in the aircraft will enable an extension of the life of the Griffon. Griffon flight simulators will be modified to conform to the fleet. Finally, the project will ensure integrated logistic support, supply of initial spares and training. The anticipated timeline is as follows: 2018 – Definition Approval (Definition is what should be done to meet the capability need, to determining how the preferred option will be implemented) 2020 – Implementation Approval, Request for Proposal Release, Contract Award 2024-2025 – Initial Operating Capability for Life-extended Griffons 2026 – Final Delivery It should be noted that this project has been delayed from its previous schedule. In 2015, the RCAF put definition approval for 2016. In addition, implementation, issuing of an RFP and awarding a contact were all to be done in 2018. Final delivery of the upgraded helicopters was to have taken place in 2024 under the old schedule. http://ottawacitizen.com/news/national/defence-watch/determining-how-to-upgrade-the-griffon-helicopter-a-focus-for-rcaf-this-year