Minister Sajjan Wraps Up 12th Annual Halifax International Security Forum

On the same subject

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  November 7, 2018 | Local, Aerospace

  Magellan Awarded CDN $140 Million Contract Extension with Airbus

  Toronto, Ontario – 5 November 2018 -- Magellan Aerospace Corporation (“Magellan”) announced today, that they have secured a six year agreement with Airbus for a contract extension for the manufacture of A350 XWB centre wing box and keel beam detail parts. It is estimated that revenue generated from this work package will exceed CDN $140 million dollars over the term of the contract. The package consists of a number of large structural, machined components, and will be manufactured by Magellan in the United Kingdom and supplied to the Airbus assembly facility in Nantes, France. Mr Haydn Martin, Magellan's Vice President, New Business Development said, “This contract extension has been achieved through a combination of demonstrated operational excellence and market competitive pricing. As a strategic partner to the Airbus Group, Magellan continues to align our technology investments and manufacturing best practices to meet their current and future requirements. 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 defense 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. 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. For information: Laura Podaima Director, Corporate Communications Magellan Aerospace Ph. 204 788 2831 laura.podaima@magellan.aero http://magellan.aero/investors/press-releases/

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  June 2, 2024 | Local, Naval

  Lockheed Martin Canada Awards L3HARRIS the Integrated Communications System Contract

  Lockheed Martin Canada has awarded L3Harris Technologies the Integrated Communications System for the Canadian Surface Combatant of the Royal Canadian Navy, aimed at bolstering their operational efficacy and security on maritime missions. 

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  September 4, 2020 | Local, C4ISR, Security

  Royal Military College staff, students won't know until mid-September if personal info compromised in cyber attack

  David Pugliese Students and staff at the Royal Military College won't know until mid-September whether their personal information has been compromised, more than two months after a cyber attack forced the shutdown of the organization's computers. An extensive review of information contained on the college's computer-based academic network is underway, according to the Department of National Defence. That network is used for general administration, student communications and research. “Initial indications are the extent of the compromise appears limited primarily to non-classified administrative information and correspondence,” DND spokeswoman Christina Kasper said in an email. “When the review is complete, a general statement based on findings will be shared with all network users regarding the extent of the compromise.” The cyber attack took place July 3. “If, during the course of the assessment, it is determined any personally identifiable information was compromised, individual network users who were found to be at risk will be immediately and directly contacted by the chain of command,” Kasper added. She noted that the office of the Privacy Commissioner was notified about the incident at the college in Kingston, Ont. RMC professors have been told not to access or retrieve their files on college computers, even with a USB stick. Staff and students have also been trying since July 3 to find out if their personal data has been compromised. But an email summary of an Aug. 25 town hall that took place to discuss the computer attack acknowledged very little information is being provided by the college. “Very few specific concerns were addressed in the town hall other than the presentation of the computer network issues that transpired and the way ahead for re-implementation of the RMC network,” the email to staff noted. “Personal data loss was mentioned as a possibility that had been brought up in the media. There is currently an ongoing investigation with the goal to determine define what may have transpired and to inform any that may be affected. No other details were provided.” Global News reported Aug. 18 that what appears to be data from the Royal Military College was leaked on the dark web. Many of the files appear to include student progress reports, acceptance letters, as well as a myriad of financial documents like tax receipts and budgets for various departments, Global News noted. DND has not confirmed whether the information on the dark web came from the college's computers. The college's academic computer system is separate from the operational computers used by DND and the Canadian Forces and corporate networks were not affected by the attack. “All early indications suggest this incident resulted from a mass phishing campaign,” said DND spokeswoman Jessica Lamirande. “This incident has not affected any classified systems or classified research at the Royal Military College.” The RCMP's National Cyber Crimes unit is investigating. Lamirande said the Royal Military College expects its fall academic term to begin as scheduled on Sept. 8. https://ottawacitizen.com/news/national/defence-watch/royal-military-college-staff-students-wont-know-until-mid-september-if-personal-info-compromised-in-cyber-attack/wcm/78796df3-0eb7-42a2-a057-e148b63c65ec/