Government of Canada Invests in Montréal Aerospace and Defence Firm
Montréal company R&D will lead to important advancements in military radio technologies
Montréal, Quebec, March 25, 2011—The Honourable Tony Clement, Minister of Industry, today announced a repayable government investment of $32.4 million in a $108-million project being undertaken by Ultra Electronics TCS. The project calls for the research and development of a new generation of tactical radio systems for military and government security applications.
The investment will be made through the Strategic Aerospace and Defence Initiative (SADI).
Through investments like this one in Ultra, our government is not only helping Canada reach the forefront of the international aerospace and defence industry but also supporting the hardworking men and women who make it what it is today," said Minister Clement.
Ultra's project will advance the level of Canadian know-how and expertise in the field of tactical military communications. The products and technologies in development will provide soldiers with the critical communications equipment they need to reliably exchange vital mission data.
Our primary business strategy is to be the leading supplier of tactical military communications equipment worldwide," said Iwan Jemczyk, President of Ultra Electronics TCS. "
This SADI investment will fund critical R&D efforts to make our products lighter, smaller, more ruggedized and, ultimately, more competitive."
Ultra Electronics TCS has a long history of collaboration with the École de technologie supérieure (ÉTS) in Montréal. ÉTS students will be among the skilled resources that will support the high-capacity radio project.
The government continues to invest in innovative projects that have an impact on the aerospace and defence sector in Quebec," said the Honourable Christian Paradis, Minister of Natural Resources and Member of Parliament for Mégantic–L'Érable. "
We want to ensure Quebecers secure high-wage knowledge jobs in the economy of tomorrow."
SADI supports industrial research and pre-competitive development projects in the aerospace, defence, space and security industries.
For further information (media only), please contact:
Office of the Honourable Tony Clement
Minister of Industry
Government of Canada Investment in Radio Communication Research and Development
The Government of Canada is making a repayable investment of $32.4 million in a research and development project being undertaken by Ultra Electronics Tactical Communication Systems (Ultra-TCS). The project will produce a family of wireless and mobile communication devices for military and government security applications.
The product family will provide Ultra Electronics Holdings plc's military customers with equipment capable of meeting the latest data transmission standards and protocols. The project will advance the level of know-how and expertise in Canada.
Ultra-TCS is a wholly owned subsidiary of Ultra Electronics Canada Defence Inc. (Ultra-CDI), which in turn is a subsidiary of Ultra Electronics Holdings plc, a publicly traded, U.K.-based defence company. Ultra-CDI has offices in Montréal. It is considered a centre of excellence for military surveillance and communications. Ultra Electronics Holdings plc operates in five countries and has 4,000 employees. Ultra-CDI has 383.
The Strategic Aerospace and Defence Initiative (SADI) was launched in April 2007. Through repayable investments, SADI supports industrial research and pre-competitive development projects in Canada's aerospace, defence, space and security industries.
The benefits of SADI include the leveraging of private sector investment in research and development, the attraction of foreign investment to Canada, advances in technology transfer and innovation, and the development of a highly skilled workforce. SADI is managed by the Industrial Technologies Office, a special operating agency of Industry Canada.
For more information about SADI, please visit the Industrial Technologies Office website.
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