Boeing, Partners Commit to Boost Canadian Economy by $61 Billion


Reading time ( words)

Through five new agreements, Boeing and its Canadian aerospace partners are preparing to deliver C$61 billion and nearly 250,000 jobs to the Canadian economy.

“Canada is one of Boeing’s most enduring partners and has continuously demonstrated that they have a robust and capable industry supporting both our commercial and defence businesses,” said Charles “Duff” Sullivan, Boeing Canada managing director. “The large scale and scope of these Canadian projects reinforces Boeing’s commitment to Canada and gives us an opportunity to build on our motto of promises made, promises kept.”

According to new data and projections from economists at Ottawa-based Doyletech Corp., the total economic benefits to Canada and its workforce for the acquisition of the F/A-18 Block III Super Hornet will last for at least 40 years and benefit all regions thanks to billions of dollars in economic growth. A Super Hornet selection for the Future Fighter Capability Project (FFCP) is also expected to deliver hundreds of thousands of high paying jobs critical to the country’s economic recovery. 

“At a time when Canada is working toward recovery efforts coming out of the pandemic, a Super Hornet selection would provide exactly the boost that we need,” said Rick Clayton, economist at Doyletech Corp. “Boeing and its Super Hornet industry partners have a long track record of delivering economic growth to Canada, which gave us the confidence that our data and detailed projections are extremely accurate.”

The announcement includes partnerships with five of Canada’s largest aerospace companies outlining how they would benefit from a Block III Super Hornet selection in the FFCP:

  • CAE (Montreal, Quebec): Boeing and CAE’s Memorandum of Understanding (MOU) outlines the implementation of a comprehensive training solution for the Block III Super Hornet based in Canada and under full control of the Royal Canadian Air Force (RCAF). This includes full mission simulators and part task training devices for pilot training and maintenance technician training, courseware, as well as Contractor Logistics Support, Training Support Services, and Facilities Services to support RCAF training.
  • L3Harris Technologies (Mirabel, Quebec): The extensive MOU includes a wide range of sustainment services, including depot and base maintenance, engineering and publications support for the Canadian Super Hornet fleet; potential for other Super Hornet depot work; and maintenance scope for Canada’s CH-147 Chinook fleet.
  • Peraton Canada (Calgary, Alberta): Boeing and Peraton currently work closely together on CF-18 upgrades. This work will expand to include a full range of Super Hornet avionic repair and overhaul work in Canada.
  • Raytheon Canada Limited (Calgary, Alberta): Boeing and Raytheon Canada’s MOU outlines the implementation of large-scale supply chain and warehousing services at Cold Lake and Bagotville to support the new Super Hornet fleet, as well as potential depot avionics radar support.
  • GE Canada Aviation (Mississauga, Ontario): In cooperation with its parent organization, GE Canada will continue to provide both onsite maintenance, repair and overhaul support services for the F414 engines used on the Super Hornet, as well as technical services and engineering within Canada in support of RCAF operations and aircraft engine sustainment.

Boeing and its partners have delivered on billions of dollars in industrial and technological benefits obligations dating back more than 25 years. The work started with the sale of the F/A-18s in the mid-1980s and progressed through more recent obligations including acquisition of and sustainment work on the C-17 Globemaster and the CH-47F Chinooks to meet Canada’s domestic and international missions. In 2019 Boeing’s direct spending rose to C$2.3 billion, a 15% increase in four years. When the indirect and induced effects are calculated, this amount more than doubles to C$5.3 billion, with 20,700 jobs, according to Doyletech.

Boeing’s long-standing partnership with Canada dates back to 1919, when Bill Boeing made the first international airmail delivery from Vancouver to Seattle. Today, Canada is among Boeing’s largest international supply bases, with more than 500 major suppliers spanning every region of the country. With nearly 1,500 employees, Boeing Canada supplies composite parts for all current Boeing commercial airplane models and supports Canadian airlines and the Canadian Armed Forces with products and services.

Share




Suggested Items

Catching Up With Alpha Circuit’s Prashant Patel

04/05/2022 | Dan Beaulieu, D.B. Management Group
There is plenty of evidence that the American PCB industry is going through a revitalization. While a few new companies are being established, others are being rejuvenated as investors gain more interest and confidence in domestic PCB companies. I reached out to Prashant Patel, owner and president of Alpha Circuit I LLC in the greater Chicago area. I wanted to hear about his investment and the unique path he took to owning a PCB shop.

James Webb Space Telescope en Route to Discover Origins of the Universe, Study Exoplanets

01/06/2022 | Thales
A joint program between NASA and its counterparts in Europe (ESA) and Canada (CSA), Webb will observe the beginnings of our Universe by reaching back in time to just a few hundred million years after the Big Bang. It will also observe exoplanets – planets outside the Solar System – that are comparable to our own, as well as the formation and evolution of stars and galaxies. The ultimate aim of this successor to the iconic Hubble space telescope is to discover galaxies that reach back to the relative beginnings of the Universe. This state-of-the-art time machine is expected to revolutionize all aspects of modern astronomy. It will unveil the hidden side of the Universe, namely stars enveloped in clouds of dust, molecules in the atmosphere of other worlds, and the light issuing from the first stars and galaxies.

DoD Faces Growing Risks from Reliance on Lead in Electronics

12/13/2021 | Chris Peters, USPAE
Like a cancer that spreads untreated until it becomes an urgent problem, the U.S. defense community is facing a small but growing problem that is increasingly undermining U.S. military readiness and technological dominance. The problem is lead—specifically, the lead-alloy solders that traditionally have been used to attach electronic components to printed circuit boards (PCBs). Over the last 15 years, the commercial electronics industry has shifted to lead-free solders, prompted by environmental health regulations in Europe and elsewhere. However, the U.S. Department of Defense (DoD) and its contractors never made the switch and are still heavily reliant on leaded solders. Now, leaded electronics are becoming harder to find and more outdated.



Copyright © 2022 I-Connect007. All rights reserved.