Posted on 07/17/2010 4:09:10 PM PDT by ErnstStavroBlofeld
Ottawa's plan to buy 65 U.S.-built F-35 fighter planes is expected to benefit nearly 100 Canadian companies and support thousands of technology jobs.
Nine countries, including Canada, funded development of the plane, called the Lightning II, or the Joint Strike Fighter.
Toronto-based Magellan Aerospace said Friday that Canada's participation in the aircraft's development has provided a series of "crucial stepping stones to securing greater roles in the current production and upcoming support phases."
The Toronto-based company designs and makes engines and structural parts.
"This application of new technologies and precision manufacturing processes will transform Magellan Aerospace and other Canadian companies, ensuring they remain confident and competitive leaders in future military and commercial applications," president James Butyniec said.
Analyst Cameron Doerksen of Versant Partners has estimated Magellan's revenue per aircraft could be $1 million.
Montreal-based Héroux-Devtek Inc. is also expected to benefit, by supplying parts for wings and landing-gear doors.
"This is a historic procurement for Canada and excellent news for the Quebec aerospace cluster and the entire Canadian aerospace industry," Héroux-Devtek president Gilles Labbé said.
(Excerpt) Read more at cbc.ca ...
Ping
That we have Canadian suppliers to our F-35 reminded me that 25 years ago, the arresting gear cables aboard our aircraft carriers were manufactured by a Canadian corp. They cost $100,000 and were good for 100 landings.
What is an average lifetime of an arrestor gear cables?
Nevermind. I found out
I see.Thank you for making me undersand about carrier operations. It is greatly appreciated.
:)
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I’d hate to be the pilot making the 99th landing.
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