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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

  • Maxar Technologies' MDA to Provide Design Services for the Electronic Warfare Suite for the Canadian Surface Combatant

    April 1, 2019 | Local, Naval

    Maxar Technologies' MDA to Provide Design Services for the Electronic Warfare Suite for the Canadian Surface Combatant

    MDA continues positive momentum to provide game-changing defence capabilities MONTREAL, April 1, 2019 /CNW/ - MDA, a Maxar company (NYSE: MAXR) (TSX: MAXR), today announced that it has signed a CAD $4 million contract with Lockheed Martin Canada for the initial phase of design work for the Canadian Surface Combatant (CSC) ship's Electronic Warfare system. Lockheed Martin Canada was selected as the winning bidder for the CSC program by Irving Shipbuilding. Irving Shipbuilding is the CSC Prime Contractor and will build 15 ships at Halifax Shipyard. This design work is expected to become the basis for the manufacture, integration, installation and commissioning of the Electronic Warfare equipment on the Royal Canadian Navy's next-generation CSC ships. "MDA is very pleased to be able to play such a critical role in supplying systems for the Canadian Surface Combatant program," said Mike Greenley, group president of MDA. "We are proud to support Lockheed Martin Canada by leveraging MDA's deep Canadian expertise in project management, system engineering, electronics, antennas, signal processing and software. This initial contract represents the first phase of what we anticipate will become a decades-long journey as a tier-1 partner on the Lockheed Martin Canada team." The CSC is a globally deployable, multi-role warship designed to meet the distinctive mission requirements of the Royal Canadian Navy. MDA is partnered with other industry leaders including BAE Systems, CAE, Lockheed Martin Canada, L3 Technologies and Ultra Electronics as Canada'sCombat Ship Team to provide the Royal Canadian Navy the most advanced and modern warship design. Purposely designed for anti-submarine warfare and capable of performing a variety of missions in any part of the world, the CSC is acoustically quiet, versatile, highly survivable, and reconfigurable for future modernization. The most recent Canadian Defence Policy stated that 15 of these ships will be built in Canada over the next 25 years and will serve the Royal Canadian Navy for decades to come. About Maxar Technologies As a global leader of advanced space technology solutions, Maxar is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, systems that unlock the promise of space for commercial and government markets. The operations of DigitalGlobe, SSL and Radiant Solutions were unified under the Maxar brand in February; MDA continues to operate as an independent business unit within the Maxar organization. As a trusted partner with 5,900 employees in over 30 global locations, Maxar provides vertically integrated capabilities and expertise including satellites, Earth imagery, robotics, geospatial data and analytics to help customers anticipate and address their most complex mission-critical challenges with confidence. Every day, billions of people rely on Maxar to communicate, share information and data, and deliver insights that Build a Better World. Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR. For more information, visit www.maxar.com. Forward-Looking Statements Certain statements and other information included in this release constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements") under applicable securities laws. Statements including words such as "may", "will", "could", "should", "would", "plan", "potential", "intend", "anticipate", "believe", "estimate" or "expect" and other words, terms and phrases of similar meaning are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties, as well as other statements referring to or including forward-looking information included in this press release. Forward-looking statements are subject to various risks and uncertainties which could cause actual results to differ materially from the anticipated results or expectations expressed in this release. As a result, although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The risks that could cause actual results to differ materially from current expectations include, but are not limited to, the risk factors and other disclosures about the Company and its business included in the Company's continuous disclosure materials filed from time to time with Canadian and U.S. securities regulatory authorities, which are available online under the Company's EDGAR profile at www.sec.gov, under the Company's SEDAR profile at www.sedar.com or on the Company's website at www.maxar.com. The forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements. All such forward-looking statements are based upon data available as of the date of this release or other specified date and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this release as a result of new information or future events, except as may be required under applicable securities legislation. Contact Leslie Swartman | MDA Media Contact | 1-613-736-6917| leslie.swartman@mdacorporation.com Jason Gursky | Maxar Investor Relations | 1-303-684-2207 | jason.gursky@maxar.com SOURCE Maxar Technologies Ltd. https://www.newswire.ca/news-releases/maxar-technologies-mda-to-provide-design-services-for-the-electronic-warfare-suite-for-the-canadian-surface-combatant-877885915.html

  • Government of Canada awards contract for in-service support for Halifax-class combat systems

    November 9, 2020 | Local, Naval

    Government of Canada awards contract for in-service support for Halifax-class combat systems

    NEWS PROVIDED BY Public Services and Procurement Canada Nov 06, 2020, 11:46 ET GATINEAU, QC, Nov. 6, 2020 /CNW/ - The Government of Canada is committed to providing the members of the Royal Canadian Navy (RCN) with safe and effective vessels required to protect Canadian sovereignty, while creating jobs and generating significant economic benefits for communities across Canada. Following an open and competitive process, the Honourable Anita Anand, Minister of Public Services and Procurement, and the Honourable Harjit S. Sajjan, Minister of National Defence, announced that the Government of Canada has awarded a contract to General Dynamics Mission Systems–Canada, from Ottawa, Ontario, for in-service support on 6 Halifax-class combat systems (HCCS). The HCCS are an integral component of the entire fleet of Halifax-class ships and will require in-service support until the arrival of the Canadian Surface Combatants. This initial contract is valued at approximately $182 million (including taxes) over 6 years, and will maintain up to 106 jobs. The Halifax-class frigates monitor and control Canadian waters, defend Canada's sovereignty, facilitate large-scale search and rescue activities, and provide emergency assistance when needed. Introduced into service in the 1990s, the Canadian-built Halifax-class frigates were recently modernized to remain operationally effective and relevant until the Canadian Surface Combatants enter into service. The Canadian Surface Combatants will replace the Halifax-class frigates and the retired Iroquois-class destroyers. With them, the RCN will have modern and capable ships to monitor and defend Canada's waters, to continue to contribute to international naval operations for decades to come and to rapidly deploy credible naval forces worldwide, on short notice. Quotes "The Government of Canada remains firmly committed to continue delivering the modern equipment that the members of the Royal Canadian Navy need when performing their important duty on Canada's waterways. Moreover, this in-service support is another example of how the government helps tomaintain our existing Royal Canadian Navy fleet, while creating jobs, and generating good economic opportunities for businesses and Canadians." The Honourable Anita Anand Minister of Public Services and Procurement "These systems will provide our women and men in uniform with the equipment they need to do the important job we ask of them. The six systems that will be maintained under this contract will help our sailors detect, track, and identify threats to their ship, which will give them greater protection as they conduct their mission in the service of our nation's interests. I am proud to see Canadian companies contributing to our Canadian military excellence at home and abroad." The Honourable Harjit S. Sajjan Minister of National Defence "Through this procurement, our Government is supporting economic growth as we navigate through the COVID-19 pandemic. This contract will lead to opportunities for Canadian suppliers, investments in skills development, training and research, and will generate export opportunities for Canadian businesses." The Honourable Navdeep Bains Minister of Innovation, Science and Industry Quick facts Through the National Shipbuilding Strategy, the Government of Canada successfully modernized the RCN's fleet of 12 Halifax class frigates to ensure they continue to meet evolving operational needs. As part of this modernization project, various combat systems onboard the frigates were retrofitted through the Halifax-Class Modernization/Frigate Life Extension Combat System Integration Design and Build contract. These include, but are not limited to, detection and search radars, navigation radars, fire control systems (targeting radars), and target identification systems. The initial contract is valued at approximately $182 million. Its amount may increase over the next 6 years as work progresses, depending on whether more maintenance is required. The total value for up to 12 years will be determined if and when options to extend the contract are exercised. The Industrial and Technological Benefits Policy, including the Value Proposition, applies to this procurement. The frigates operate with and integrate into the United Nations, the North Atlantic Treaty Organization and coalitions of allied states in support of international peace and security operations. In July and August 2019, Irving Shipbuilding Inc., Seaspan Victoria Shipyards Limited, and Chantier Davie were each awarded a $500-million contract to carry out maintenance work on the first group of Canada's Halifax-class frigates. Associated links Link to Buy and sell Halifax-class Modernization/Frigate Life Extension Halifax-class frigates: Maintaining Canada's federal fleet of combat vessels Industrial and technological benefits Follow us on Twitter Follow us on Facebook SOURCE Public Services and Procurement Canada For further information: Cecely Roy, Press Secretary, Office of the Honourable Anita Anand, 343-549-7293, cecely.roy@canada.ca ; Media Relations, Public Services and Procurement Canada, 819-420-5501, media@pwgsc-tpsgc.gc.ca Related Links www.tpsgc-pwgsc.gc.ca https://www.newswire.ca/news-releases/government-of-canada-awards-contract-for-in-service-support-for-halifax-class-combat-systems-844143601.html

  • Government of Canada awards in-service support contract for Halifax-class LM2500 gas turbines

    August 16, 2021 | Local, Naval

    Government of Canada awards in-service support contract for Halifax-class LM2500 gas turbines

    /CNW/ - Through the National Shipbuilding Strategy, the Government of Canada is ensuring the members of the Royal Canadian Navy (RCN) have safe and effective...

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