Trudeau open to more military spending due to Russian invasion of Ukraine - Canadian Manufacturing

On the same subject

• 

  March 29, 2019 | Local, C4ISR

  Rheinmetall Canada Awarded a Major Land C4ISR Program Support Contract by the Government of Canada

  The Government of Canada has recently awarded Rheinmetall Canada a major support contract pertaining to Intelligence, Surveillance, Target Acquisition, and Reconnaissance (ISTAR). The frame contract is currently worth up to CAD 57 million. The contract will take place over the next five years and will be expensed using a task mechanism over this period. The contract is part of the sustainment of the Land Command, Control, Communication, Computing, Intelligence, Surveillance and Reconnaissance (C4ISR) program and as the prime contractor, Rheinmetall Canada is to provide ISTAR in-service support services (ISS). “At Rheinmetall Canada, we are delighted to provide an important part of the ISTAR program” said Mr. Stéphane Oehrli, President and CEO of Rheinmetall Canada. “This contract represents a great opportunity to showcase our knowledge and capabilities in this high-end area of advanced technology”, he added. The ISTAR capabilities of the Rheinmetall Group are well established around the world. The goal of the ISTAR ISS contract is to provide the Canadian Armed Forces with an ISTAR Command and Control Information System (C2IS) capability. Rheinmetall Canada will maintain and enhance the specialized capability through the support contract. Rheinmetall Canada was selected under a competitive process where Value Proposition and the Industrial and Technological Benefit Policy (ITB) were applied. As one of the few companies to have reached over 1 billion dollars in ITB transactions since the inception of the policy, Rheinmetall Canada has put forward an outstanding Value Proposition. The Canadian supply chain of Rheinmetall Canada will benefit from this contract over the next years. About Rheinmetall Canada Rheinmetall Canada is a proud member of Germany's Rheinmetall Group, one of Europe's largest suppliers of systems and equipment for the armed forces. With approximately 300 employees at locations in Saint-Jean-sur-Richelieu and Ottawa, Rheinmetall Canada has demonstrated expertise in the development, integration, and production of platform-independent systems for more than 30 years. https://www.rheinmetall-defence.com/en/rheinmetall_defence/public_relations/news/latest_news/index_19712.php

• 

  June 13, 2019 | Local, C4ISR

  exactEarth and MarineTraffic Announce Channel Partner Agreement

  CAMBRIDGE, ON and ATHENS, Greece, June 13, 2019 /CNW/ - exactEarth Ltd. ("exactEarth") (XCT:TSX), a leading provider of Satellite-AIS data services, and MarineTraffic, a leading global provider of ship tracking and maritime intelligence, announce that they have entered into a three-year channel partner agreement (the "Agreement"). Under terms of the Agreement, MarineTraffic will deploy exactEarth's exactView RT data into its online maritime services products to help bring real-time, business-critical and actionable vessel information to maritime industry participants. exactView RT consists of 58 operational payloads and seven orbital spares that were designed and built by Harris Corporation and that are hosted onboard the Iridium NEXT constellation of satellites, which is owned and operated by Iridium Communications Inc. exactView RT's advanced maritime payloads cover the entire maritime VHF radio band and leverage the unique cross-linked architecture of the Iridium NEXT satellite constellation to deliver AIS and other vessel-based VHF data services from more than 500,000 vessels, anywhere on the globe, relaying that data securely to customers in real-time. MarineTraffic owns the world's preeminent ship-tracking website, which attracts approximately six million unique visitors per month. The company operates 2,000 AIS stations in more than 165 countries around-the-world, delivering the most comprehensive AIS coastal tracking facility available today. For companies in the maritime sector, MarineTraffic is a preferred tool for fleet management, alert and notification systems, vessel particulars, port statistics and actionable intelligence through API. "MarineTraffic is a leading provider of vessel movement information services and we look forward to contributing to their ongoing efforts to enhance their customer experience," said Peter Mabson, President & CEO of exactEarth. "This Agreement opens-up another channel for our Satellite-AIS data services and is a further positive indication of the response we have received from customers, prospects and partners regarding the real-time functionality of exactView RT. With its superior vessel detection, rapid update rate and reliability, exactView RT is becoming a "must-have" data source on major data platforms throughout the maritime industry." Argyris Stasinakis, Partner Business Development, MarineTraffic said, "The addition of exactEarth's high resolution, real-time AIS data means that MarineTraffic is now the go-to source for any professional seeking the most comprehensive view of shipping movements. Users of our platform exploiting our ocean coverage services will see enhanced functionality thanks to the higher frequency, coverage and less than one-minute latency delivered by the exactView RT satellite constellation. This means that our popular predictive services will be more accurate than ever before, allowing our customers to monitor and plan more precisely." About MarineTraffic With headquarters in Athens and international offices in the UK and Singapore, MarineTraffic is the global ship tracking and maritime intelligence provider. Leveraging AIS technology, MarineTraffic is at the forefront of a movement taking shipping into a new digital era. The company's range of services deliver increased transparency to the shipping markets through the provision of high-quality data for analysis, which supports forecasting and informed decision making. MarineTraffic receives analyses and stores millions of vessel positions every day. This data is collected through the world's most extensive network of AIS stations before being enriched to deliver business-critical information. Current positions and vessel's tracks are displayed on a Live Map, with historical positions, vessel details, port conditions and statistics being made available throughout the website. www.marinetraffic.com About exactEarth Ltd. exactEarth is a leading provider of global maritime vessel data for ship tracking and maritime situational awareness solutions. Since its establishment in 2009, exactEarth has pioneered a powerful new method of maritime surveillance called Satellite-AIS and has delivered to its clients a view of maritime behaviours across all regions of the world's oceans unrestricted by terrestrial limitations. exactEarth has deployed an operational data processing supply chain involving a constellation of satellites, receiving ground stations, patented decoding algorithms and advanced "big data" processing and distribution facilities. This ground-breaking system provides a comprehensive picture of the location of AIS equipped maritime vessels throughout the world and allows exactEarth to deliver data and information services characterized by high performance, reliability, security and simplicity to large international markets. For more information, visit www.exactearth.com Forward-Looking Statements This news release contains statements that, to the extent they are not recitations of historical fact, may constitute "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements may include financial and other projections, as well as statements regarding exactEarth's future plans, our ability to continue as a going concern, objectives or economic performance, or the assumptions underlying any of the foregoing, including statements regarding, among other things, expectations of our exactView RT offering relative to competitors, timing of the achievement of real-time global vessel tracking via our second-generation constellation, timing expectations with respect to launch of satellites, expectations of the exactView RT capabilities driving growth, growth opportunities for the Company in the maritime information services market and the cost and revenue share in connection with the Harris Agreement. exactEarth uses words such as "may", "would", "could", "will", "likely", "expect", "anticipate", "believe", "intend", "plan", "forecast", "project", "estimate" and similar expressions to identify forward-looking statements. Any such forward-looking statements are based on assumptions and analyses made by exactEarth in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors exactEarth believes are appropriate under the relevant circumstances. However, whether actual results and developments will conform to exactEarth's expectations and predictions is subject to any number of risks, assumptions and uncertainties. Many factors could cause exactEarth's actual results, historical financial statements, or future events to differ materially from those expressed or implied by the forward-looking statements contained in this news release. These factors include, without limitation: uncertainty in the global economic environment; fluctuations in currency exchange rates; delays in the purchasing decisions of exactEarth's customers; the competition exactEarth faces in its industry and/or marketplace; the further delayed launch of satellites; the reduced scope of significant existing contracts; and the possibility of technical, logistical or planning issues in connection with the deployment of exactEarth's products or services. https://www.newswire.ca/news-releases/exactearth-and-marinetraffic-announce-channel-partner-agreement-865863568.html

• 

  October 31, 2018 | Local, Aerospace

  Ottawa sticking to F-35 program as it gets ready for full fighter competition

  DANIEL LEBLANC Canada is facing a complex challenge as it gets ready to launch a full competition for new fighter jets stemming from its long-standing involvement in the international coalition that is building the Lockheed Martin Corp. F-35 stealth aircraft. The federal government confirmed on Monday that it will maintain its membership in the F-35 consortium. At the same time, Ottawa is getting ready to send out requests for proposals for new fighter jets to five potential bidders, including Lockheed Martin. Federal officials insist that all bidders will have to adhere to Canada's Industrial and Technological Benefits policy (ITB), which requires the winning supplier to “make investments in Canada equal to the value of the contract." The cost of replacing the Royal Canadian Air Force's current fleet of CF-18s is estimated at $26-billion. Under the rules of the F-35 consortium, however, partner countries such as Canada must forego such regional offset programs, which have long been a central element of Canadian military acquisitions. Earlier this year, Canada paid $54-million to remain in the F-35 buyers' pool. “We're keeping our involvement alive to get access to that product at the best possible terms,” Pat Finn, an assistant deputy minister at the Department of National Defence, said in an interview on Monday. “If the F-35 were to win, the lowest cost access to the aircraft is through the partnership. Having been involved from the outset, we don't want to lose the privilege of that." Since 1997, Canada has paid nearly half a billion dollars to stay in the F-35 consortium. Jeff Waring, a director-general at Innovation, Science and Economic Development Canada, said it will be up to Lockheed Martin to determine how it can meet Canada's requirement for regional offsets if it wants to bid on the contract. “The ITB policy is a market-driven approach; it doesn't prescribe to bidders how they need to invest in Canada,” he said. The federal government has nearly finalized its request for proposal for the new fighter jets. It is now waiting for industry feedback over the next six weeks before launching the formal competition next year. Three European companies (Dassault Aviation, Saab Automobile and Airbus) and two American companies (Lockheed Martin and Boeing Co.) have said they intend to bid on the contract. In the draft request for proposal, the government has laid out new details on its “economic impact test” that will penalize companies that are deemed to have a negative effect on the Canadian economy. When it was announced last year, the test was dubbed the “Boeing clause” because of U.S.-based Boeing's trade dispute with Canada's Bombardier Inc., which Bombardier subsequently won. The new measure is expected to look at whether companies have launched a trade action in the two previous years against a Canadian company. Given Boeing launched its case against Bombardier in 2017, it will likely be in the clear by the time it would have to submit a final bid in 2020. The previous Conservative government had committed to buying F-35 fighter jets, which were deemed at the time to be the only aircraft able to meet Canada's requirements, in large part because of their stealth capabilities. The current Liberal government has modified the requirements to make sure there can be competition between the various manufacturers. “If your aircraft cannot meet [a requirement] today, we are not saying automatically that you're out; but you have to tell us what is your solution to meet it, at what price and what schedule,” said Mr. Finn. In the last federal election, the Liberals said in their platform that they would not buy the F-35, promising instead to select “one of the many, lower-priced options that better match Canada's defence needs.” However, the Liberals also promised to launch an “open and transparent” competition, which is now scheduled to be launched in May. https://www.theglobeandmail.com/politics/article-ottawa-sticking-to-f-35-program-as-it-gets-ready-for-full-fighter/