Turkey calls on Canada to review defence industry restrictions

Sur le même sujet

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  16 octobre 2018 | Local, Aérospatial

  TRU and FlightSafety International Announce a Joint Venture to Offer a Combined Training Solution on Textron Aviation Platforms

  Goose Creek, S.C. —October 15, 2018— TRU Simulation + Training, a Textron Inc. (NYSE: TXT) company, and FlightSafety International have entered into a letter of intent to form a joint venture to provide the industry-leading training solution for Textron Aviation‘s broad product line of business and general aviation aircraft. TRU and FlightSafety will combine their assets and capabilities, including their simulators, courseware, and world-class teams, to support their global customers' training needs. “The combination of our training capabilities will enable us to provide best-in-class pilot and maintenance training programs to our customers around the world,” said David Davenport, Co-CEO and President, Commercial, FlightSafety International. “For more than 40 years FlightSafety has served Textron Aviation customers, and this venture will allow us to offer more flexible training options leveraging the capabilities of both organizations. We also want to recognize Bruce Whitman's significant contributions. He was instrumental in the initial planning and actively participated in the development of this important agreement. As always, Bruce's focus was to ensure that the joint venture would benefit our customers and enhance the training they receive.” “The new joint venture will enhance our ability to service our growing customer base,” said Gunnar Kleveland, president of TRU Simulation + Training Inc. “With Textron Aviation continuing to expand its product portfolio with aircraft such as the Latitude, Longitude, Hemisphere, Denali and SkyCourier, it is critical we provide the full scope of training services our customers require. This joint venture will allow us to better address that demand.” TRU will serve as the exclusive supplier of new Textron Aviation simulators to the joint venture. TRU will also continue its other operations, including the design and manufacture of training simulators and provide training solutions for the global aviation industry and military customers. The transaction is expected to close in the next several months, subject to finalizing definitive documentation and regulatory approval. https://www.trusimulation.com/news/10-15-2018/tru-and-flightsafety-international-announce-joint-venture-offer-combined-training-solution-textron

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  18 septembre 2023 | Local, Terrestre

  Canada Army Run: Another Successful Edition Attracts Thousands to Downtown Ottawa

  The 16th edition of Canada Army Run, presented by BMO, brought together thousands of runners and supporters to the streets of Ottawa.

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  14 janvier 2022 | Local, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

  Economic Benefits of Defence Spending

  Neither the December 2021 economic and fiscal update nor the 2021 budget contained much new spending for defence beyond some very targeted incremental funding to deal with more recent issues not covered in the 2017 defence policy. These issues include NORAD’s renewal, increased support to the NATO alliance and funding for operations and resources to address sexual misconduct and gender-based violence. This should not be surprising to those who follow defence issues. The 2021 budget emphasizes that the 2017 defence policy, Strong Secure Engaged, “set out a vision for a long-term, fully-funded plan to renew and re-equip the Canadian military, built around people.” Perhaps more important for DND’s longer term funding requirements are the projected deficits in the budget, beginning at $354 billion in FY20-21 and reducing to $30 billion in FY 2025-26. Historically, when governments in Canada face large deficits and start reducing costs, the largest discretionary spending category – defence – invariably takes a hit. Based on the government’s desire to focus on getting Canadians back to work by promoting innovation and small business, it is worth discussing whether continuing defence spending at the levels planned in Strong, Secure, Engaged will help achieve those goals.