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  7 novembre 2018 | Local, Aérospatial

  Magellan Awarded CDN $140 Million Contract Extension with Airbus

  Toronto, Ontario – 5 November 2018 -- Magellan Aerospace Corporation (“Magellan”) announced today, that they have secured a six year agreement with Airbus for a contract extension for the manufacture of A350 XWB centre wing box and keel beam detail parts. It is estimated that revenue generated from this work package will exceed CDN $140 million dollars over the term of the contract. The package consists of a number of large structural, machined components, and will be manufactured by Magellan in the United Kingdom and supplied to the Airbus assembly facility in Nantes, France. Mr Haydn Martin, Magellan's Vice President, New Business Development said, “This contract extension has been achieved through a combination of demonstrated operational excellence and market competitive pricing. As a strategic partner to the Airbus Group, Magellan continues to align our technology investments and manufacturing best practices to meet their current and future requirements. About Magellan Aerospace Corporation Magellan Aerospace Corporation is a global aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defense and space agencies worldwide. Magellan designs and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced proprietary products for military and space markets, and provides engine and component repair and overhaul services worldwide. Magellan is a public company whose shares trade on the Toronto Stock Exchange (TSX: MAL), with operating units throughout North America, Europe, and India. Forward Looking Statements Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. When used herein, words such as "expect", "anticipate", "estimate", "may", "will", "should", "intend", "believe", and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by the Corporation in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Corporation believes are appropriate in the circumstances. Many factors could cause the Corporation's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the "Risk Factors" section of the Corporation's Annual Information Form (copies of which filings may be obtained at www.sedar.com). These factors should be considered carefully, and readers should not place undue reliance on the Corporation's forward-looking statements. The Corporation has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. For information: Laura Podaima Director, Corporate Communications Magellan Aerospace Ph. 204 788 2831 laura.podaima@magellan.aero http://magellan.aero/investors/press-releases/

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  17 mai 2018 | Local, Aérospatial

  La création d’emplois par l’approvisionnement en défense

  Communiqué de presse Aider l'industrie canadienne à saisir une occasion qui ne se présente qu'une fois par génération Le 16 mai 2018, Ottawa (Ontario) Le Canada prévoit d'acheter 88 chasseurs, ce qui constitue son plus important projet d'approvisionnement dans le domaine de l'aérospatiale en plus de 30 ans. Il s'agit d'une occasion qui ne se présente qu'une fois par génération de créer des emplois et de générer des retombées pour les Canadiens. L'achat de ces chasseurs est assujetti à la Politique des retombées industrielles et technologiques (RIT), selon laquelle l'entrepreneur retenu doit faire au Canada des investissements d'une valeur égale aux dépenses effectuées par le gouvernement dans le cadre de grands projets d'approvisionnement en défense. La Politique permet de tirer parti du pouvoir d'achat du gouvernement pour stimuler l'innovation et créer des emplois bien rémunérés pour la classe moyenne. Voilà le message communiqué lors d'une série de six forums régionaux organisés dans tout le pays par Innovation, Sciences et Développement économique Canada, de concert avec Défense nationale, Services publics et Approvisionnement Canada et des organismes de développement régional. Des représentants de plus de 250 entreprises et 50 universités et instituts de recherche ont pris part à ces séances. Au total, 750 rencontres où ces représentants ont eu la chance de rencontrer les fabricants de chasseurs et de commencer à établir les liens et les partenariats qui les aideront à tirer profit des occasions découlant de ce projet d'approvisionnement d'envergure. En travaillant de près avec les industries canadiennes de l'aérospatiale et de la défense, le gouvernement s'assure que les Canadiens tirent les plus grands avantages possible d'achats majeurs dans le domaine de la défense. Citations « Gr'ce à la Politique des retombées industrielles et technologiques, ce plus important investissement dans l'Aviation royale canadienne depuis des décennies se traduira par des emplois pour la classe moyenne et des retombées économiques pour tous les Canadiens. » — Le ministre de l'Innovation, des Sciences et du Développement économique, l'honorable Navdeep Bains « Notre gouvernement a franchi encore un autre jalon important alors qu'il poursuit la mise en œuvre du remplacement de la flotte de chasseurs du Canada. Ce processus créera des retombées économiques importantes pour la population canadienne, et notre gouvernement s'est engagé à veiller à ce que les industries canadiennes de l'aérospatiale et de la défense soient bien positionnées pour participer au renouvellement de la flotte canadienne de chasseurs. » — La ministre des Services publics et de l'Approvisionnement, l'honorable Carla Qualtrough « Une flotte d'avions-chasseurs modernes est essentielle pour faire respecter la souveraineté du Canada, assurer la sécurité du continent et contribuer à la paix et à la sécurité internationales. Je suis heureux d'entendre parler des conversations productives qui ont eu lieu avec les membres et les partenaires de l'industrie canadienne au cours des dernières semaines. Cette concurrence représente une excellente occasion pour l'industrie canadienne de participer au maintien de la flotte de chasseurs de l'avenir. » — Le ministre de la Défense nationale, l'honorable Harjit S. Sajjan Faits en bref Globalement, les industries canadiennes de l'aérospatiale et de la défense offrent plus de 240 000 emplois de qualité. En 2016, l'industrie de l'aérospatiale a contribué directement au produit intérieur brut pour 13 milliards de dollars et a employé plus de 87 000 travailleurs. Le secteur canadien de la défense compte plus de 650 entreprises qui offrent des emplois de grande qualité à des travailleurs hautement qualifiés. Depuis 1986, la Politique des RIT du Canada, et la Politique des retombées industrielles et régionales qui l'a précédée, ont injecté près de 40 milliards de dollars dans le produit intérieur brut du pays. L'application de la Politique mène annuellement à la création d'environ 40 000 emplois. https://www.canada.ca/fr/innovation-sciences-developpement-economique/nouvelles/2018/05/la-creation-demplois-par-lapprovisionnement-en-defense.html

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  24 janvier 2019 | Local, Aérospatial

  Canada to keep paying for F-35 development as fighter-jet competition ramps up

  LEE BERTHIAUME, OTTAWA, THE CANADIAN PRESS Canada is poised to contribute tens of millions of dollars toward further development of the F-35 stealth fighter even as the federal government wrestles with whether to buy the plane or not. In an interview with The Canadian Press, the Department of National Defence's head of military procurement says there are no plans for Canada to quit as one of nine partner countries in the F-35 stealth fighter program until after the Trudeau government completes the competition to determine which fighter jet will replace Canada's aging fleet of CF-18s. “We're committed to staying there (in the program) until we understand where the competition will bring us,” said Patrick Finn, assistant deputy minister of material at National Defence. The competition is expected to be launched this spring. The F-35 is one of four planes currently slated to participate in the $19-billion competition, which will result in the purchase of 88 new fighter aircraft to serve as the air force's backbone for the coming decades. The Trudeau Liberals campaigned on a promise not to buy the F-35s in 2015, but have since backed away from that pledge. The Harper Conservatives first announced plans to buy 65 F-35s in 2010, but ran into controversy over cost. Staying on as a partner in the F-35 program comes with advantages, Finn says, including the ability for Canadian companies to compete for billions of dollars in contracts associated with building and maintaining the stealth fighter. Partners are also allowed to buy the F-35 at a lower price than non-partners, who must pay a variety of fees and other costs to purchase the plane. “We want to keep the F-35 as an option, as a contender in the competition,” Finn said. “We want to also make sure that while that's unfolding, that Canadian industry that have competitively won contracts get to continue to do that.” The Defence Department says Canadian companies have won more than $1.25-billion in F-35-related contracts over the years. Yet there are also costs to being a partner; Canada has so far invested more than $500-million into the program over the past 20 years, including $54-million last year. Its next annual payment is due this spring and there will likely be more as the competition isn't scheduled to select a winner until 2021 or 2022. The first new aircraft is expected in 2025 and the last in 2031. There are some technical issues that government officials are working through that could impact how it runs the competition to replace the CF-18s. One of those is how to ensure the various bids are all measured equally. In addition to Lockheed Martin's F-35, bids are expected from Boeing's Super Hornet, Eurofighter's Typhoon and Saab's Gripen. All four companies recently provided feedback on a draft process that the government has drawn up to run the competition, and another round of consultations is scheduled for mid-February. A big question facing Lockheed is how it can meet Ottawa's usual requirement that companies who are awarded large military contracts invest back into Canada on a dollar-for-dollar basis. The F-35 partnership agreement that Canada signed with the other countries bars such promised investments and instead stipulates that companies must compete for the work. Finn said all four jet companies have unique challenges and circumstances, and that officials in charge of the competition could inject some flexibility into how the requirement is handled. “There is absolutely flexibility and I would say my colleagues in (the federal industry department) demonstrate that on a weekly, monthly basis,” he said. “They would be the first to say, and they're very good at saying, is: ‘Well listen, the first intent is to get the right military capability. We want to have the offsets as well, and with a given market segment, what it is that we do and how do we do it.“' https://www.theglobeandmail.com/politics/article-canada-to-keep-paying-for-f-35-development-as-fighter-jet-competition