Today, the Honourable Bill Blair, Minister of National Defence, welcomed Boeing's $61 million investment in the British Columbian aerospace sector. This investment is part of the Industrial and Technological Benefits (ITBs) included in Canada's decision to procure up to 16 P-8A Poseidon aircraft from the United States Government and Boeing through the Canadian Multi-Mission Aircraft (CMMA) project.
Canada's investment to procure up to 16 P-8A aircraft for the Royal Canadian Air Force (RCAF), as announced by Minister Blair in November 2023, will support over 3,000 jobs and add approximately $358 million to Canada's economy, every year for the next 10 years.
As part of its requirements to invest in Canada as the supplier of the P-8A fleet, today, Boeing announced $61 million in investments in British Columbia's aerospace sector.
- Boeing will invest $48 million to build research and development capacity within Boeing's Vancouver facility. This investment will help ensure Canada's aerospace industry remains at the forefront of technological advancements. In particular, Boeing's investment is geared towards data analytics technologies to enhance program management, aircraft sustainability and performance. Through the usage of complex modelling and machine learning techniques, Boeing Vancouver will develop program management tools for the sustainment of aircraft fleets, enabling its Vancouver workforce to contribute to delivering higher aircraft performance and lower sustainment costs.
- Boeing will also invest $13 million into Indigenous-owned COTA Aviation, based in Parksville, B.C. This investment will establish a hands-on aerospace manufacturing training facility geared towards increasing the representation and participation of Indigenous peoples in aerospace and defence. The program will train 10 workers per year and will help develop a workforce that is capable of filling needed manufacturing positions. Workers will be trained to operate modern and advanced manufacturing equipment, including robotic automation. COTA will also assist Indigenous learners in work placement at the end of the program. These initiatives will contribute to job creation and skills development in British Columbia.
Minister Blair noted that these investments are yet another demonstration of how investment in the Canadian Armed Forces supports economic growth and skill development in Canada's defence and aerospace sectors.
Through the Canadian Multi-Mission Aircraft (CMMA) project, Canada is acquiring a new fleet of aircraft that is ready to meet Canada's security needs, and interoperable with allies and key partners. The P-8A will replace Canada's current maritime patrol aircraft, the CP-140 Aurora, which has been in service for more than 40 years.
The P-8A will provide Canada an advanced multi-mission platform to conduct maritime and overland surveillance in defence of Canada and to support our allies. This procurement will allow Canada to seamlessly transition to a replacement capability, thereby ensuring that Canada can continue to meet its domestic needs and international obligations.