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  17 juillet 2020 | Local, Aérospatial

  CAE GmbH awarded subcontract to upgrade training capabilities for German Eurofighter

  Stolberg, Germany, July 16, 2020 - CAE today announced that CAE GmbH has been awarded a subcontract from Airbus Defence and Space to support the development of new and upgraded training capabilities for Germany's Eurofighter program. Airbus, acting as the prime contractor for the Eurofighter Pilot Synthetic Training System (PSTS) consortium in Germany, awarded the subcontract to CAE GmbH to support the development of two new Eurofighter full-mission simulators and an upgrade of two existing simulators at the main operating base in Laage. Specifically, CAE will have responsibility for providing the CAE Medallion-6000 visual system and synthetic environment solution for the Eurofighter simulators. “We are pleased to collaborate with Airbus to continue our longstanding support of the German Air Force Eurofighter training program,” said Niels Kröning, General Manager, CAE GmbH. “The new Eurofighter simulators in Laage will expand the distributed mission training capabilities for the German Air Force and enable more advanced training to be conducted in the simulators.” The Eurofighter Pilot Synthetic Training System consortium is the result of a collaboration between the German and Spanish Ministries of Defence. Airbus Defence and Space acts as the prime contractor with CAE and Indra included as industry partners. CAE GmbH also provides on-site maintenance and in-service support services at Laage, Neuburg, Wittmund, and Noervenich, which are the four Eurofighter main operating bases in Germany. About CAE CAE's Defence & Security business unit focuses on helping prepare our customers to develop and maintain the highest levels of mission readiness. We are a world-class training and mission systems integrator offering a comprehensive portfolio of training and operational support solutions across the air, land, sea and public safety market segments. We serve our global defence and security customers through regional operations in Canada; the United States/Latin America; Europe/Middle East; and Asia-Pacific, all of which leverage the full breadth of CAE's capabilities, technologies and solutions. CAE is a global leader in training for the civil aviation, defence and security, and healthcare markets. Backed by a record of more than 70 years of industry firsts, we continue to help define global training standards with our innovative virtual-to-live training solutions to make flying safer, maintain defence force readiness and enhance patient safety. We have the broadest global presence in the industry, with over 10,500 employees, 160 sites and training locations in over 35 countries. Each year, we train more than 220,000 civil and defence crewmembers, including more than 135,000 pilots, and thousands of healthcare professionals worldwide. www.cae.com Follow us on Twitter @CAE_Inc and @CAE_Defence View source version on CAE: https://www.cae.com/news-events/press-releases/cae-gmbh-awarded-subcontract-to-upgrade-training-capabilities-for-german-eurofighter

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  18 février 2020 | Local, Aérospatial

  Quebec defends $30 million Flying Whales investment

  The Quebec government is defending its decision to invest $30 million in a project to build blimps or airships to transport heavy equipment and supplies to remote areas of the province that lack roads. In June, the government announced it was buying a minority stake in French blimp manufacturer Flying Whales that plans to build a production facility in the Montreal area within five years. The French company is developing a 150-metre-long airship capable of carrying up to 60 tonnes of cargo. Terms of the agreement were not disclosed. Quebec will join France and China as shareholders in the company founded in 2012. Flying Whales is working with Pratt & Whitney Canada (PWC) on a propulsion system that would be adapted from existing helicopter turbines. A spokesperson for PWC confirmed the company is a partner in the project, but said it is still too early in the process to add further comment. “I'm not even sure we've signed a contract with Flying Whales, but it's something very different than what's out there and we're always looking to be involved in advanced projects,” said Catherine Cunningham, assistant director, Public Relations and Communications at PWC. However, Quebec opposition parties are demanding access to a study that supports the project, claiming it's not economically feasible. In 2017, the previous Liberal government declined to partner with Flying Whales for a similar project. But the current Quebec government claims the new project is better laid out and is supported by many sources that were not identified. This isn't the first time a company has tried to build airships in the province. In 2015, LTA Aerostructures, a Montreal-based company with American and Canadian backers, announced plans to build a $60 million production facility in Mirabel to build airships capable of transporting up to 70 million tonnes of cargo. However, the plant was never built and the company's website is no longer active. https://www.skiesmag.com/news/quebec-defends-30-million-flying-whales-investment

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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/