HomeNewsAviationBoeing P-8 would support thousands of Canadian jobs, offering significant economic benefits

Boeing P-8 would support thousands of Canadian jobs, offering significant economic benefits

- P-8 selection would generate economic benefits across Canada

- Partnership with Canadian industry to generate high-paying jobs

Selection of the Boeing P-8 Poseidon for Canada’s Multi-Mission Aircraft (CMMA) requirement would generate annual benefits of nearly 3,000 jobs and $358 million in economic output to Canada, according to an independent study by economists at Ottawa-based Doyletech Corporation.

Boeing’s current Canadian footprint and annual investment contribute more than CAD $4 billion annually to the Canadian economy, and supports more than 14,000 jobs. The company is committed to deliver industrial and technological benefits on the P-8 program, significantly growing Canada’s aerospace and defense industry.

“We are committed to Canada’s pursuit of peace and prosperity for those we defend and serve, and we are confident the unmatched P-8 capabilities – and our P-8 offering for Canada – reflect those ideals, in strong collaboration with our Canadian industry P-8 partners and our extensive supply chain in-country, we appreciate the opportunity to build upon our more than 100-year relationship with Canada and grow our Canadian partnerships and investments.”    

Ted Colbert, president and CEO of Boeing Defense, Space and Security.

Boeing has partnered with Canadian companies for more than a century, and currently has over 550 Canadian suppliers across all provinces, including 81 suppliers to the P-8 program.  Forming the cornerstone of P-8 partnership is Team Poseidon, consisting of CAE, GE Aviation Canada, IMP Aerospace & Defence, KF Aerospace, Honeywell Aerospace Canada, Raytheon Canada, and Standard Aerospace.

Offering advanced anti-submarine warfare, anti-surface warfare, intelligence, surveillance and reconnaissance, and search and rescue capability, the P-8 is the only in-service, in-production multi-mission aircraft that meets all CMMA requirements. Earlier this year, the Canadian Government announced that it had submitted a Letter of Request through the U.S. government’s Foreign Military Sales program, for the acquisition of up to 16 Boeing P-8A Poseidon aircraft.

SourceBoeing

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