MHD-ROCKLAND and ESG Aerosystems Keep the P-3 Legacy Alive

On the same subject

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  April 30, 2020 | Local, Land

  Land Sector Opportunities

  In the coming months, OEMs who have been pre-qualified will be looking for a Canadian supplier in order to optimize their value proposition in order to obtain an important contract with the Canadian Government for the Logistics Vehicle Modernization (LVM) project and the Enhanced Recovery Capability (ERC) project. So there will be business opportunities for Quebec compagnies, especially for those having land vehicle, service support and armor capabilities. If you would like to know more about these opportunities, please contact Mathieu Poirier of Canada Economic Development for Quebec Regions at the following email address: mathieu.poirier@canada.ca For further information : Logistics Vehicle Modernization (LVM https://buyandsell.gc.ca/procurement-data/tender-notice/PW-BW-005-27293 Enhanced Recovery Capability (ERC) project https://buyandsell.gc.ca/procurement-data/tender-notice/PW-BL-316-27602

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  January 18, 2018 | Local, Naval

  Davie aura «probablement» des contrats de brise-glaces, dit Trudeau

  Justin Trudeau a annoncé jeudi que le chantier naval Davie, à Lévis, obtiendra «probablement» des contrats pour construire des brise-glaces du gouvernement fédéral. «On sait très bien que le travail qui se fait à Davie est de grande qualité», a-t-il soutenu sur les ondes de Radio-Canada. Présent toute la journée à Québec, le premier ministre du Canada a soutenu que des négociations commenceront vendredi entre la Garde côtière et la Davie au sujet d'un achat de brise-glaces. Selon lui, le chantier Davie ne souffre pas de préjugés défavorables auprès de son gouvernement, comme plusieurs l'ont affirmé ces dernières semaines. M. Trudeau a également affirmé qu'il sera présent le 29 janvier pour la vigile visant à commémorer la tuerie de la Grande Mosquée. Sur les ondes du FM93, le premier ministre du Canada a soutenu qu'il était important de se souvenir de ce triste événement. «Il faut reconnaître qu'il y a encore des actes haineux, il y a encore des propos intolérants.» M. Trudeau dit toutefois être encore «en réflexion» sur la possibilité ou non de créer une Journée nationale contre l'islamophobie à cette date, tel que demandé par la communauté musulmane de tout le Canada. Sur la légalisation du cannabis, le premier ministre a tenté de convaincre les auditeurs des deux stations de radio qu'il posait un geste pour protéger les jeunes et non pour encourager la consommation de cette drogue. Selon lui, il faut que le pays reconnaisse qu'il a un problème d'accessibilité actuellement à cette drogue. «Le système actuel, ça ne fonctionne pas, ça ne protège pas nos jeunes.» M. Trudeau sera omniprésent à Québec jeudi. Après ses entrevues radio, il rencontrera le maire de Québec Régis Labeaume vers 11h15 à l'hôtel de ville. Le maire a déjà indiqué cette semaine qu'il souhaitait parler du pont de Québec, du tramway et des artéfacts de Parcs Canada avec M. Trudeau. En soirée, M. Trudeau tiendra une soirée de rencontre informelle avec les citoyens, qui aura lieu à l'école secondaire De Rochebelle, à Sainte-Foy. Cette façon de faire, qui s'inspire des États-Unis, vise à rendre M. Trudeau plus «accessible», explique Filip Novakovic, attaché de presse du député fédéral de Louis-Hébert, Joël Lightbound. «Je peux vous dire qu'il y a énormément d'engouement», lance M. Novakovic, qui soutient que des centaines de citoyens ont déjà effectué leur préinscription. La salle peut contenir un maximum de 1000 personnes et il est toujours possible de s'inscrire sur place, à partir de 16h30. M. Novakovic assure qu'il n'y aura un filtrage des questions. Les gens n'auront qu'à lever la main et c'est M. Trudeau lui-même qui donnera les tours de parole. Plus de détails à venir... https://www.lesoleil.com/actualite/politique/davie-aura-probablement-des-contrats-de-brise-glaces-dit-trudeau-66016c8dd2d1281f382381dd0efd39bd

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  January 16, 2019 | Local, Naval

  Seaspan Announces Closing of Second $500 Million Investment by Fairfax Financial Holdings Limited

  HONG KONG, Jan. 15, 2019 /CNW/ - Seaspan Corporation (NYSE: SSW) ("Seaspan") announced today the closing of the second tranche of the $1 billion aggregate investment commitment by Fairfax Financial Holdings Limited and its affiliates (collectively, "Fairfax") in Seaspan. As with Fairfax's initial $500 million investment in Seaspan, and pursuant to definitive agreements entered into on March 13, 2018 and announced on March 14, 2018, this second tranche of funding (the "Second Fairfax Investment") is structured as a $250 million issuance of (i) 5.50% senior notes due 2026 and (ii) approximately 38.46 million warrants (the "2019 Warrants"). Pursuant to a definitive agreement entered into and announced on May 31, 2018, Fairfax has agreed to immediately exercise the 2019 Warrants at an exercise price of $6.50per warrant, for additional equity proceeds to Seaspan of $250 million. As a result, Seaspan's aggregate proceeds from the Second Fairfax Investment will be $500 million. This brings Fairfax's total investment in Seaspan to $1 billion, the proceeds of which will be used to fund future growth initiatives, repay debt and for general corporate purposes. With the closing of the Second Fairfax Investment, Fairfax's aggregate shareholdings in Seaspan are 76.9 million Class A common shares or approximately 36% of shares outstanding. Fairfax continues to hold the 25 million seven year warrants, with an exercise price of $8.05, which were issued to it on July 16, 2018. Summary of Fairfax Investments1 Investment Date Issued/Exercised Proceeds to Seaspan 2025 Notes February 14, 2018 $250 million 2018 Warrants July 16, 2018 $250 million 2026 Notes January 15, 2019 $250 million 2019 Warrants January 15, 2019 $250 million 1 Does not include the 25 million seven year warrants outstanding as of the date hereof David Sokol, Chairman of Seaspan Corporation commented, "The closing of this follow-on Fairfax investment bolsters Seaspan's balance sheet for the future. Seaspan's management team and Board of Directors are proud to continue building upon the strong partnership created with Fairfax. This additional investment will enhance Seaspan's ability to execute on our long-term goals of deleveraging, strengthening our balance sheet, and creating value through disciplined and thoughtful capital allocation." Prem Watsa, Chairman and Chief Executive Officer of Fairfax said, "With the closing of this investment, we are excited to expand our partnership with Seaspan, which now represents one of Fairfax's largest investments." About Seaspan Seaspan is a leading independent charter owner and operator of containerships with industry leading ship management services. We charter our vessels primarily pursuant to long-term, fixed-rate, time charters to the world's largest container shipping liners. Seaspan's operating fleet consists of 112 containerships with a total capacity of more than 900,000 TEU, an average age of approximately 6 years and an average remaining lease period of approximately 4 years, on a TEU-weighted basis. Seaspan has the following securities listed on The New York Stock Exchange: Symbol: Description: SSW Class A common shares SSW PR D Series D preferred shares SSW PR E Series E preferred shares SSW PR G Series G preferred shares SSW PR H Series H preferred shares SSW PR I Series I preferred shares SSWN 6.375% senior unsecured notes due 2019 SSWA 7.125% senior unsecured notes due 2027 SSW25 5.500% senior notes due 2025 About Fairfax Financial Holdings Limited Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. Investor Inquiries: Mr. Matt Borys Investor Relations Seaspan Corporation Tel. +1-778-328-5340 Email: mborys@seaspanltd.ca SOURCE Seaspan Corporation https://www.newswire.ca/news-releases/seaspan-announces-closing-of-second-500-million-investment-by-fairfax-financial-holdings-limited-848167000.html