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Lockheed Martin Canada Inc. [1] [2] is an aerospace and defence contractor, headquartered in Ottawa, Ontario, Canada. It is a wholly owned subsidiary of Lockheed Martin , and a part of the Rotary and Mission Systems business area.
On January 7, 2013, Lockheed Martin Canada announced that it would be acquiring the engine maintenance, repair, and overhaul assets from Aveos Fleet Performance in Montreal, Quebec, Canada. On July 3, 2013, Lockheed Martin announced that it was partnering with DreamHammer to use the company's software for integrated command and control of its ...
Born in Montreal, Parent is a graduate of Mechanical Engineering from Montreal's École Polytechnique and attended Harvard Business School's six-week Advanced Management Program. [ 17 ] In October 2008, CAE was named one of " Canada's Top 100 Employers " by Mediacorp Canada Inc., and was featured in Maclean's newsmagazine.
On December 20, 2020, it was announced that Lockheed Martin would acquire the company for $4.4 billion. [24] The acquisition was expected to close in first quarter of 2022, [ 25 ] but this received opposition from Raytheon Technologies .
While the formation of Lockheed Martin in 1995 was a merger of equals, by far the greatest contribution to Lockheed Martin Aeronautics was the product portfolio of Lockheed. This included the C-5 , C-130 , and C-141 transports as well as the F-2 , F-16 (purchased from General Dynamics ), F-117 , F-22 , and F-35 Lightning II .
Canada upgraded its transport and search and rescue fleets during the 1960s when the RCAF purchased the CC-137 Husky, CC-130 Hercules, CH-113 Labrador and CC-115 Buffalo aircraft. RCAF Station Trenton became the home of training facilities for these aircraft. 102 would eventually merge into the reactivated 424 Transport and Rescue Squadron in 1968.
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