Aerospace
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Winnipeg to get $50M aircraft R&D centre
GE Aviation expands engine testing presence in Canada
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Boeing to cut 900 jobs
The Chicago-based aerospace company cites declining orders for a flagship airframe as the reason behind layoffs
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Fly-by-wire technology to be developed in Canada
Thales Canada will produce fly-by-wire technology for planes in Montreal
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Feds loan Pratt and Whitney $330M for $1B R&D
Pratt & Whitney Canada will invest more than $1 billion in research and development over the next five years to develop high-performance aircraft engines.
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Another global contract for Quebec aero supplier
Aerospace parts supplier Heroux-Devtek has won a long-term contract to build landing gears for Dassault Aviation’s new business jet program.
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Worst airports in the US
A recent poll of Canadian travelers has named the worst international airports in the US and identified why they were so unbearable.
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Bombardier business jet program costing more than expected
Bombardier has announced its two new luxury business jets will cost more than $1 billion, which is more than double what analysts had expected. The aircraft and train maker said Saturday it will offer two Global aircraft with longer distances,…
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High-performance workers in high demand
When it comes to retaining high-performing employees, money talks. But according to new research from Hewitt Associates, it can’t buy loyalty. The human resources consulting agency found that top workers who stuck around when times were tough could now be…
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Lockheed Martin beefs up $16.4M deal with Northstar
St. John’s, N.L.: Northstar Network Ltd. has more than doubled its contract with Lockheed Martin under a new Master Purchase Order (MPO) valued at US$16.4 million. As per the five-year agreement, Northstar’s St. John’s facility is manufacturing finished parts and…
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M&A activity slows in the global aerospace and defence sector
MONTREAL: Merger and acquisition (M&A) deal activity in the aerospace and defence (A&D) sector has slowed in Q2 2010 compared to the previous quarter, according to a PricewaterhouseCoopers (PwC) report—Mission control: Second-quarter 2010 global aerospace and defence industry M&A analysis.…
