9 août 2023 | Local, Naval
Damage to HMCS Winnipeg limits warship's operations, DND confirms
Royal Canadian Navy’s frigate has sustained damage to its propellor and has structural cracks and corrosion, limiting the operation of the ship.
15 août 2018 | Local, Aérospatial
Flight simulator's CEO says bigger U.S. armed forces budgets are a boon
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/
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21 décembre 2022 | Local, Aérospatial
Bombardier CEO voices concerns over awarding Canada's defense contract to Boeing
Bombardier Inc Chief Executive Eric Martel voiced concerns over Canada's potential plan to buy reconnaissance jets directly from Boeing Co instead of tapping its home-grown aerospace industry through a bidding process.
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6 février 2019 | Local, Aérospatial
Air Force aiming to have armed drones in the air in next six years: commander
By The Canadian Press OTTAWA — The Royal Canadian Air Force is hoping to pull the trigger on the purchase of new drones within six years after spending nearly two decades weighing different options. The Canadian Forces has been working since the early 2000s to find unmanned aerial vehicles that can conduct surveillance over Canada's vast territory and support overseas missions. Yet aside from purchasing a small number of temporary, unarmed drones for the war in Afghanistan, the military has never been able to make much progress on a permanent fleet. Air Force commander Lt.-Gen. Al Meinzinger says he believes that is about to change after the Trudeau government became the first to officially authorize the acquisition of a fleet of armed UAVs through its defence policy. In an interview, Meinzinger says the air force is nearly finished drawing up options — where it has been stuck for years — and will soon move into the next phase by presenting its proposals to procurement officials. While the military has welcomed Canada's decision to buy armed drones and promised to abide by international laws, some arms-control advocates have expressed concern about the legal grey zone such weapons inhabit. The Canadian Press https://www.nationalnewswatch.com/2019/02/06/air-force-aiming-to-have-armed-drones-in-the-air-in-next-six-years-commander-3/#.XFsws1xKiUl