MONTREAL─Thales Canada will invest up to $43 million to produce new fly-by-wire systems for commercial and business aircrafts.
With Canadian government help, the investment will be spent on developing newer digital systems that control aircraft flight, focusing on commercial aircraft with 70 to 140 seats. Technologies for mid and large sized business planes will also be developed.
The government will provide a $12.9-million loan through the Strategic Aerospace and Defence Initiative, and research for the project will be conducted at École Polytechnique de Montréal. The project will provide up to 90 undergraduate students with practical industry experience.
Based in Montreal, Thales Canada is a subsidiary of French electronics company Thales SA, which employs about 68,000 people worldwide. Thales Canada employs 1,400 Canadians and had sales of $540 million in 2009.