Helicopters Canadian Government invests in aerospace sector

  • Bell Helicopter

The Canadian Government has announced, that it will invest $49.5 million in the aviation sector.

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During a consortium led by Bell Helicopter Textron Canada Inc., the Canadian Government announced to invest in the Canadian aerospace sector. Not only helicopter manufacturer Bell will profit from the governmental investment.

The Canadian Government seeks to create or maintain 300 middle-class jobs in the country. Moreover, the collaboration will contribute to Canada´s GDP with almost $178 million over the next five years. Canada´s position as a centre for innovation will be strengthened as well.

Navdeep Bains, Minister of Innovation, Science and Economic Development, confirmed: “Aerospace is one of the most innovative industries in Canada. Our government’s investment in this new aerospace consortium will create 300 well-paying research and manufacturing jobs, contribute $178 million to Canada’s GDP and make Canada a global aerospace innovation leader.”

© Bell Helicopter

Cynthia Garneau, President, Bell Helicopter Textron Canada Ltd, added: “This program will foster the development of new engineering and manufacturing knowledge and technologies by the Bell team in Canada. It will install a new dynamic in the aerospace community and strengthen Canada’s role as an innovation leader in the vertical lift and unmanned aerial systems (UAS) segments. We are welcoming a new era at Bell, a technology company, and are enthusiastic to be doing so with such a passionate group of partners. This program allows new technologies to emerge and offers a wide range of companies of all sizes an unprecedented access to new markets.”

With the $49.5 million funding, Bell and 18 industry partners are being supported to develop new technologies for next-generation helicopters. For example, the companies aim to develop a fully autonomous helicopter system, like the Bell Air Taxi. Furthermore, the focus lays on making aircraft more environmentally sustainable and efficient.

18 academic and industry partners are being included in the project. Companies like Pratt & Whitney Canada, CMC Electronics, Esterline Technologies Corporation, several small and medium-sized businesses, as well as nine Canadian universities take part in the programme. Bell and partners are set to invest more than $125 million in Canada´s aerospace industry.

Source © bellhelicopter.com

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