Back to news

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

On the same subject

  • Presagis Unveils Three New Products at I/ITSEC

    November 27, 2017 | Local, Aerospace, Land, C4ISR, Security

    Presagis Unveils Three New Products at I/ITSEC

    Orlando, USA – November 27, 2017 – Presagis is introducing three new products to the training and simulation market at the Interservice/Industry Training, Simulation and Education Conference (I/ITSEC) taking place November 27 to December 1 in Orlando, Florida. A leader in modeling and simulation software, Presagis is bolstering its line of sensor simulators with the introduction of ONDULUS NVG, Panorama -- an image generation platform, and VELOCITY, a next-generation solution for the production of large synthetic training environments. “By supplying simulation software to most of the top 100 defense and aerospace companies in the world, Presagis is extremely well positioned to capture the needs of our customers by innovating and developing solutions that respond directly to their needs,” explains Jean-Michel Brière, Presagis' President. “These three products – Ondulus NVG, Panorama, and VELOCITY -- not only provide our customers with more accuracy, realism, and cost-savings, but mark significant technological achievements in the evolution of our company.” Panorama is a competitively-priced image generation system that gives organizations the ability to add high-fidelity, scalable imaging to their simulation solutions. Leveraging Vega Prime, Ondulus and other Presagis software solutions, Panorama is capable of providing Out-of-the-Window (OTW), Electro-Optical (EO), night-vision goggles (NVG) and infrared (IR) views for ground, air, and marine domains. VELOCITY is a new, revolutionary way of building synthetic environments that will permit agencies and organizations to analyze and use the unmanageable amounts of data they have to automate the creation of rich, immersive 3D virtual environments. Building on the success of the Ondulus family of sensor products, Ondulus NVG gives users the ability to add realistic physics-based night-vision sensor simulation to their research, training or mission planning environments. Ondulus NVG supports both passive and active illumination. In addition to these new products, Presagis is also launching the newest version of its M&S Suite – version 17. Comprising industry-standard software such as STAGE, Creator, Terra Vista, and Vega Prime, M&S Suite 17 is set to release in early 2018 with an arsenal of new features. “The M&S Suite is a pillar in the Presagis portfolio. We continue to respond to our customers' needs by providing new features and tools for content creators, as well as wider access and more scripting functionality for developers. Every product in the suite has been improved – from Creator and Terra Vista, to the simulators and Vega Prime. The Ondulus family in particular received many improvements in the form of new detectors for Ondulus IR, and several new radar modes for Ondulus Radar,” said Stéphane Blondin, Presagis' Vice President of Product Management and Marketing. Presagis will also be showcasing its series of customizable simulators, HELI CRAFT and UAV CRAFT. In response to the increasing demand for open architecture simulators and training devices, Presagis offers virtual unmanned aerial vehicle (UAV) station and a helicopter simulator. These reference platforms integrate nearly all Presagis commercial off-the-shelf simulation products and technology, and can be used as advanced start points for customers interested in building their own simulators. Presagis will be demonstrating its full range of simulation software and solutions at the upcoming Interservice/Industry Training, Simulation and Education Conference (I/ITSEC) from November 27 to December 1 in Orlando, FL. (Presagis booth: #1762). About Presagis Presagis is a global leader providing commercial modeling, simulation and embedded software solutions to the aerospace, defense and security, and critical infrastructure markets. Presagis combines an open simulation development framework with expert professional services to help customers streamline development workflows, reduce project risks, and deliver game-quality immersive simulations. Presagis is also at the forefront of avionics software design for certifiable cockpit displays. The company serves hundreds of customers worldwide, including many of the world's most respected organizations such as Boeing, Lockheed Martin, Airbus, BAE Systems, and CAE. For more information, visit www.presagis.com. For further information: Stéphane Blondin, Vice President of Product Management and Marketing, Tel: +1 514 341.3874, E-Mail: Stephane.Blondin@presagis.com https://www.presagis.com/en/press-center/detail/presagis-unveils-three-new-products-at-i-itsec/

  • Government uses procurement to help small businesses grow and create jobs

    December 18, 2017 | Local, Aerospace, Naval, Land, C4ISR, Security

    Government uses procurement to help small businesses grow and create jobs

    Innovative Solutions Canada is a $100-million program to fuel innovation and create middle-class jobs December 14, 2017 – Ottawa As the single-largest purchaser of Canadian goods and services, the Government of Canada will use procurement to help Canadian small businesses innovate and create employment opportunities for Canadians. The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, together with the Honourable Bardish Chagger, Leader of the Government in the House of Commons and Minister of Small Business and Tourism, today announced the $100-million Innovative Solutions Canada program that invites Canadian small businesses to develop novel solutions to challenges proposed by federal departments and agencies. Whether the challenge is developing a way to make armour more resistant to chemicals or improving wireless connectivity in connected vehicles, the federal department or agency will ask small businesses to innovate and propose a solution. The government will work with the winning business and act as its first customer, helping the companies take their idea to market and advance the next generation of solutions that can become viable commercial products. Twenty federal departments and agencies will participate in the new program and identify problems spanning the military, economic and environmental sectors. Innovative Solutions Canada is a key component of the Government of Canada's Innovation and Skills Plan, a multi-year strategy to create well-paying jobs for the middle class. Quotes “Our government's new Innovative Solutions Canada program is a big winner on several fronts. We're being proactive and transforming our challenges into opportunities—opportunities for innovation, economic growth and small business success that will result in a vibrant innovation economy and more middle-class jobs for Canadians.” – The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development “We believe innovative Canadian small businesses are well positioned to help the government solve some of its more persistent challenges. Through Innovative Solutions Canada, we are asking entrepreneurs to develop new products and services that will help to solve these challenges, while also enabling these entrepreneurs as they work to expand to new markets and sell to new customers around the world. The benefits from this program are clear: the Government of Canada will be able to acquire new products and services that will improve our work, while hard-working small business owners will be able to grow their businesses and create more well-paying middle-class jobs.” – The Honourable Bardish Chagger, Minister of Small Business and Tourism “Our community of early-stage investors, incubators and accelerators provides much-needed coaching, connections and capital to Canada's early-stage companies seeking to grow and scale up. Many times, their ‘first customer' serves as critical validation that allows these companies to penetrate their markets locally and globally. The Innovative Solutions Canada program announced today will help Canadian companies gain early customer traction while also allowing Canadians to benefit from the adoption of homegrown innovative solutions.” ‑ Sandi Gilbert, Chair of the Board, National Angel Capital Organization (NACO Canada) Quick Facts Program funding will come from the 20 departments and agencies participating in Innovative Solutions Canada. Each department will set aside 1 percent of its research and development expenditures for this initiative. Innovative Solutions Canada is modelled on the U.S. Small Business Innovation Research program and is an essential component of the Government of Canada's efforts to help small businesses. Innovative Solutions Canada will encourage submissions from businesses owned and led by women, Indigenous peoples, youth and other traditionally under-represented groups. https://www.canada.ca/en/innovation-science-economic-development/news/2017/12/government_uses_procurementtohelpsmallbusinessesgrowandcreatejob.html

  • Trade dispute could leave U.S. firms out of the running to sell military equipment to Canada

    June 14, 2018 | Local, Aerospace, Naval, Land

    Trade dispute could leave U.S. firms out of the running to sell military equipment to Canada

    U.S. President Donald Trump's tirade against Canada and threats to punish the country could undermine efforts by American firms trying to sell fighter jets and other military equipment to the Canadian Forces, warn defence and industry analysts. One European firm, Airbus, has already been talking with Canadian officials to pitch its plan to build fighter jets in Quebec as it positions itself to win the $16-billion deal to replace CF-18 aircraft. An Italian aerospace firm, Leonardo, is looking at building helicopters in Nova Scotia as it moves towards negotiations for a search-and-rescue aircraft modernization project the Department of National Defence says will be worth between $1 billion and $5 billion. Trump has hit Canadian aluminum and steel with tariffs, claiming their import is a threat to national security. After the weekend G7 meeting and Prime Minister Justin Trudeau's reaffirming that Canada would reciprocate with tariffs on specific U.S. products, Trump vowed more economic grief that will “cost a lot of money for the people of Canada.” Trump's move comes at a time when European firms are courting the Canadian government, particularly on big-ticket defence items such as aircraft and warships. Billions of dollars in new purchases are potentially at stake and European firms had a strong presence at the recent CANSEC military equipment trade show in Ottawa. “Trump certainly isn't helping U.S. defence companies who want to sell to Canada,” said Martin Shadwick, a defence analyst in Toronto. “It would be very difficult at this point from a political optics point of view for the government to announce awarding contracts to any American firm.” Shadwick said whether that situation will continue for the next several years, when for instance the decision on new fighter jets is supposed to be made, would depend on any further actions by the president. Two U.S. aircraft, the Boeing Super Hornet and the Lockheed Martin F-35, are among the top contenders in that jet competition. The other three aircraft are from European companies. An earlier trade dispute with Canada has already backfired on Boeing and the Trump administration, costing the U.S. billions in fighter jet sales. Last year Boeing complained to the U.S. Commerce Department that Canadian subsidies for Quebec-based Bombardier allowed it to sell its civilian passenger aircraft in the U.S. at cut-rate prices. As a result, the Trump administration brought in a tariff of almost 300 per cent against Bombardier aircraft sold in the U.S. In retaliation, Canada decided against buying 18 new Super Hornet fighter jets from Boeing. That deal would have been worth more than US$5 billion. Christyn Cianfarani, president of the Canadian Association of Defence and Security Industries, said it is too early to determine the impact of the U.S. tariffs on the domestic defence industry. “Tariffs are never good for trade or business,” she added. “CADSI is monitoring the issue and consulting our members to better understand the potential impact to Canadian firms, both in terms of the direct impact of any tariffs and the more indirect, long term impact on supply chains and market access,” she said. There is growing concern that Canadian aviation firms could be hurt by Trump's aluminum tariffs. The Aerospace Industries Association of Canada did not respond to a request for comment. But its counterpart in the U.S. has voiced concern that American aerospace companies could feel pain. In March, the U.S. Aerospace Industries Association noted it was deeply concerned about Trump's tariffs on steel and aluminum as it “will raise costs and disrupt the supply chain, putting U.S. global competitiveness at risk.” “There is also a significant threat for retaliation from other countries towards American made products,” the association noted in a statement. Canada is the largest exporter of aluminum and steel to the U.S. http://nationalpost.com/news/politics/trade-dispute-could-leave-u-s-firms-out-of-the-running-to-sell-military-equipment-to-canada

All news