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November 2, 2023 | Local, Aerospace

Total estimated cost of Canada's F-35 program is $74B: Parliamentary Budget Officer - Skies Mag

Yves Giroux says the latest F-35 cost estimate, although its grown by some $4 billion in the last couple of years, is generally in line with expectations.

https://skiesmag.com/news/total-estimated-cost-canada-f35-program-74b-parliamentary-budget-officer/

On the same subject

  • Fourth Arctic and Offshore Patrol Vessel delivered to The Royal Canadian Navy

    August 31, 2023 | Local, Naval

    Fourth Arctic and Offshore Patrol Vessel delivered to The Royal Canadian Navy

    Today, the Royal Canadian Navy’s (RCN) fourth Arctic and Offshore Patrol Vessel (AOPV), His Majesty’s Canadian Ship (HMCS) William Hall, was delivered to the fleet.

  • CDR Names Lockheed Martin Canada Top Defence Company For 2020

    May 5, 2020 | Local, Aerospace, Naval, Land, C4ISR, Security

    CDR Names Lockheed Martin Canada Top Defence Company For 2020

    MARKHAM, Ontario--(BUSINESS WIRE)--Leading defence and military magazine, CANADIAN DEFENCE REVIEW, has just released its annual survey and ranking of Canada's Top Defence Companies. For 2020, CDR has named Lockheed Martin Canada, its Top Defence Company and it's their third time at the #1 spot over the 16 years the survey has been published. Parent company, Lockheed Martin, is the world's largest defence contractor but the Canadian operation constitutes a tiny sliver of the corporation, however, of particular interest to CDR, is the fact that its cutting edge naval technology is all home-grown! In commenting on the selection, Lorraine Ben, Lockheed Martin Canada Chief Executive, said, “... our success is founded upon long-standing partnerships with Canada, the Canadian Forces, and the country's defence supply sector.” She added, “This recognition by CDR is a true testament to our team and the extraordinary talent and dedication our employees have. And not only for our Lockheed Martin Canada team, but for our vast network of Canadian suppliers and partners – we have a rich history supporting collective success across Canadian industry and we are looking forward to growing this positive impact.” CDR Editor-in-Chief, Peter Kitchen, commented, “Lockheed Martin Canada has proven time and time again that it is a great corporate citizen and we were particularly impressed how the company not only develops its key naval technology in-country, but it also draws on the vast resources of the mother company in a very effective way.” There have been ten new companies added to the CDR survey this year, showing Canada's defence industry is vibrant and growing. An evaluation panel consisting of CDR editorial staff and independent advisors ranked the companies based on factors such as economic impact, innovation, contribution to the nation's security, corporate integrity and support for Canada's military. With the publication of its annual Top 75 Defence Companies Survey & Ranking, CDR's goal is to showcase Canada's defence industry and all that it has to offer. And that's why, in the current challenging environment, CDR is proud to be part of an industry that is fighting valiantly against the Covid-19 pandemic threatening the nation. Contacts Peter A. Kitchen, Editor-in-Chief Telephone: (905) 554-4586 Email: Comments@CanadianDefenceReview.com www.CanadianDefenceReview.com https://www.businesswire.com/news/home/20200504005040/en/CDR-Names-Lockheed-Martin-Canada-Top-Defence

  • Here’s why Canada’s defence industry is such an innovation powerhouse

    September 14, 2018 | Local, Aerospace, Naval, Land, C4ISR

    Here’s why Canada’s defence industry is such an innovation powerhouse

    Christyn (Chris) Cianfarani In late 2011, the Department of National Defence decided that the rafts it was using to carry out search and rescue operations in open water were due for an update. Part of DND's sea rescue kit, the new rafts needed to be compact and durable, but they also had to inflate reliably at temperatures as low as -50 C in the frozen expanses of Canada's North. If they didn't, lives could hang in the balance. Enter Benoit Corbeil and his team at Tulmar Safety Systems, who found a way to create a light, durable raft that could be safely airdropped, and would inflate manually on the ice or automatically in water. With a fully enclosed canopy, those rescued can now be immediately sheltered from the cold wind and freezing ocean spray. The responsibility to save lives is what drives people like Benoit and thousands of other Canadians working in the defence and security industries to continue creating innovative solutions to complex problems. In my role as the head of the Canadian Association of Defence and Security Industries (CADSI), I'm often struck by the sheer level of creativity and talent in our sector. But it shouldn't come as a surprise because we've been gathering evidence on this for a few years now. Flexible, collaborative and fruitful In May, CADSI – in partnership with Innovation, Science and Economic Development Canada (ISED) and Statistics Canada – released the latest State of Canada's Defence Industry report. We found that defence and security companies were behind $400 million worth of research and development (R&D) in 2016, resulting in an R&D intensity close to 4.5 times higher than the Canadian manufacturing average. Our members – now more than 900 of them across Canada – aren't doing this work in a vacuum, of course. They are collaborating with partners in academia, government and supply chains to push boundaries and develop brand new technologies. DND's new Innovation for Defence Excellence and Security (IDEaS) Program will help encourage even more of this type of cooperation, allocating $1.6 -billion over two decades to innovative solutions that address Canada's defence and security challenges. Sixteen initial challenges have been identified, and start-ups, SMEs, corporations and academics have all been invited to apply. The first contracts were awarded in August, with more coming in fall 2018. But our industry's work is already having tangible, real-world impacts for average Canadians. In July, for instance, global satellite operator Telesat – a company headquartered right in Ottawa – launched the Telstar 19 VANTAGE. This powerful satellite will connect communities across Nunavut with faster and more reliable broadband, opening the territory to the world. We featured Telesat vice-president Michele Beck's contributions to this project in our My North, My Home campaign. Full article: https://www.linkedin.com/pulse/heres-why-canadas-defence-industry-innovation-cianfarani/

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