An independent study by economists at Ottawa-based Doyletech Corporation reveals that selecting the Boeing P-8 Poseidon for Canada’s Multi-Mission Aircraft (CMMA) requirement would generate economic benefits, including nearly 3,000 jobs and $358m in economic output annually.
Boeing‘s commitment to Canadian industry and its extensive supply chain demonstrates a partnership that will contribute to the growth of Canada’s aerospace and defence sector.
Short of 80% of all Canadian defence industry suppliers in 2020 alone were either Canada or US-based, and many of the largest US defence firms – including Lockheed Martin, Boeing and Raytheon – all have substantial operations in Canada, according to GlobalData’s report on the “Canada Defence Market 2022-2027“.
Boeing’s current presence in Canada already plays a significant role in the country’s economy. The company’s Canadian footprint and annual investments currently contribute more than CAD $4 billion, supporting over 14,000 jobs nationwide.
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By GlobalDataTed Colbert, the President and CEO of Boeing Defense, Space and Security, expressed the company’s dedication to Canada’s pursuit of peace and prosperity. He stated, “We are confident the unmatched P-8 capabilities – and our P-8 offering for Canada – reflect those ideals.”
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Boeing has a longstanding history of partnering with Canadian companies, and this tradition continues with the P-8 program. Currently, the company has over 550 Canadian suppliers spread across all provinces, with 81 suppliers specifically involved in the P-8 program.
Team Poseidon, which comprises CAE, GE Aviation Canada, IMP Aerospace & Defence, Honeywell Aerospace Canada, KF Aerospace, Raytheon Canada, and Standard Aerospace, forms the core of this partnership.
The P-8 Poseidon offers advanced capabilities in anti-submarine warfare, anti-surface warfare, intelligence, surveillance, reconnaissance, and search and rescue operations. It is the only multi-mission aircraft currently in production that fulfils all the requirements outlined in the CMMA.
According to GlobalData’s report on “The Global Military Fixed Wing Aircraft Market 2023-2033“, in recent years, Boeing’s P-8 Poseidon has emerged as a preferred choice for maritime patrolling requirements of several navies worldwide.
Bombardier Defense and General Dynamic have also proposed collaborating to deliver the CMMA, proposing Bombardier’s Global 6500 multi-mission aircraft that combines General Dynamics‘ advanced mission system technology and sensors.
Earlier this year, the Canadian Government submitted a Letter of Request through the US government’s Foreign Military Sales program to acquire up to 16 Boeing P-8A Poseidon aircraft.
With Boeing’s commitment to fostering Canadian industry and investments, the P-8 program will undoubtedly contribute to the growth and development of Canada’s aerospace and defence sector.
Late last year, Boeing delivered four P-8A Poseidon maritime patrol aircraft to New Zealand, replacing the RNZAF’s existing fleet of six P-3K2 Orion aircraft.
