15 août 2018 | Local, Aérospatial
MONTREAL – The head of flight simulator company CAE Inc. said Tuesday U.S. President Donald Trump's appetite for defence spending is a boon to the Montreal-based company, as newfound access to contracts tied to top-secret missions pave the runway for more revenue.
“On the defence side, budgets continue to be on the rise worldwide, and in the U.S. they are at historical highs,” president and CEO Marc Parent told shareholders at an annual general meeting Tuesday.
On Monday, Trump signed a $716-billion defence spending bill for 2019, an $82-billion increase from 2017 and a dramatic upswing from most Obama-era military budgets.
CAE's acquisition of Virginia-based Alpha-Omega Change Engineering earlier this month opens the hatch to “top-secret missions,” mainly out of the U.S., Parent told reporters.
An agreement between the U.S. government and a CAE subsidiary allows a proxy board made up of two American generals and a military contractor executive to oversee the high-security contracts, he said.
“That opens up an extra $3 billion of potential market for us. So that brings our total addressable market in the world to $17 billion,” Parent said.
As to what the classified missions involve, he said only, “You can speculate all day long.”
Parent defended how CAE potentially stands to benefit amidst heightened military spending south of the border, more combative language from the White House and the creation of a new armed services branch focused on fighting wars in space.
Full Article: https://www.680news.com/2018/08/14/flight-simulators-ceo-says-bigger-u-s-armed-forces-budgets-are-a-boon/
1 septembre 2024 | Local, Terrestre
The primary focus of their lobbying efforts was to explain to Ottawa the company’s ‘distinctively Canadian character in complex engineering, project management credentials, its proven delivery record and technological capabilities with a view to securing Department of National Defence contracts.’
17 mai 2021 | Local, Sécurité
New COVID-19 Funding Opportunity The Public Health Agency of Canada and the National Research Council of Canada are seeking to facilitate the development of a field portable SARS-CoV-2 wastewater detection device that incorporates sampling, analysis, data storage and date transmission. Think you can solve our new COVID-19 wastewater detection challenge? Compete for funding to prove your feasibility and develop a solution! This challenge closes on June 10, 2021. Apply online Nouvelle opportunité de financement COVID-19 L'Agence de la santé publique du Canada et le Conseil national de recherches du Canada souhaitent faciliter la création d'un dispositif portatif de détection du SRAS-CoV-2 dans les eaux usées, qui permet de réaliser des échantillonnages et d'analyser, de stocker et de transmettre des données. Pensez-vous pouvoir résoudre notre nouveau défi de détection de COVID-19 dans les eaux usées ? Compétitionnez afin de prouver la faisabilité de votre solution et de la développer ! Ce défi se termine le 10 juin, 2021. Postulez en ligne
17 décembre 2018 | Local, Aérospatial
DAVID PUGLIESE, OTTAWA CITIZEN The Auditor General's recent report on fighter pilots leaving the Royal Canadian Air Force sparked a lot of speculation on why that was happening. One of the claims made on social media was the pilots were leaving because the Canadian government didn't go ahead with the purchase of new fighter jets, specifically the F-35. This seems to be a brilliant piece of marketing by F-35 manufacturer Lockheed Martin and shopped around with glee by F-35 supporters. Unfortunately reality sometimes has a way of shooting down such bogus claims. RCAF commander Lt.-Gen. Al Meinzinger outlined for Members of Parliament recently the real reasons behind the fighter pilots leaving. “Certainly the feedback from those who are releasing is it's a question of family, challenges for their family,” Meinzinger explained to the Public Accounts committee. “There's a dimension of ops tempo, work-life balance, predictability in terms of geographical location, and then typically fifth or sixth are comments about financial remuneration.” “We find that, unless there's a degree of predictability and positive career management over that individual, we often find individuals who are vexed,” Meinzinger further explained. “They come up to a point where they may not have anticipated they were going to move, or we're asking them to move their family to a location where perhaps their spouse cannot find employment.” Another factor is that some fighter pilots are not happy being streamed into administrative jobs. They want to keep flying. “We find a lot of individuals often don't wish to move to headquarters and work in an office versus work in an aircraft,” the RCAF commander acknowledged. “We recognize that and respect it. But that dialogue, which must happen at the margin, before we force an individual to move, is very, very important.” Not one mention of Canada not having the F-35 or any other new fighter jet. The geographic location aspect has played into retention issues affecting other organizations supporting the RCAF. The federal government will create a new centre of excellence in Ottawa to support aircraft testing, a move that affects the Canadian military's Aerospace Engineering Test Establishment, or AETE, which has been at Cold Lake, Alta. since 1971. Under the new plan AETE would be relocated to the international airport in Ottawa and partnered with the National Research Council Flight Research Laboratory and Transport Canada Aircraft Services Directorate to create a centre of excellence for flight testing and evaluation. Moving AETE will save $14 million a year and free up space for the arrival of more fighter jets at Cold Lake. But defence industry officials were briefed earlier on one of the other aspects behind the move. That involves the difficulty in attracting civilian researchers and trained support staff to Cold Lake and retaining the military personnel that were transferred there. A move of the facility to a larger centre, less isolated and where spouses can find employment, is expected to help solve recruitment and retention issues for this organization. https://ottawacitizen.com/news/national/defence-watch/family-issues-desk-jobs-prompting-exodus-of-rcaf-fighter-pilots