The aerospace and defence industry is a key sector for the Province of Newfoundland and Labrador and is one that our government is committed to helping grow.

The aerospace and defence sector is estimated to be worth approximately $150 million to the province and employs up to 1,800 people. We hope to see those numbers increase and our government is doing its part by helping to foster key relationships between institutions in the province and some of the world's leading aerospace and defence companies.

Earlier this year, we facilitated an agreement with Lufthansa, one of the top three aviation companies in the world, to enter into a partnership with College of the North Atlantic in Gander. This agreement will see the establishment of European Aviation Safety Administration certification for students of the aircraft maintenance engineering technician program. The representative of Lufthansa, who was here for the announcement, stated that this partnership results in "one of the most innovative programs for aircraft mechanics worldwide."

Just last week another partnership was announced involving Lockheed Martin, the largest defence contractor in the world, and the Marine Institute. As part of the project, the Marine Institute is adapting training software currently being used by some of the world's largest navies so that it can be utilized by students and industry.

Ensuring that we have a highly skilled workforce with the proper education and training is fundamental to attracting inward investment to Newfoundland and Labrador. Of course, having the right personnel also increases the province's attractiveness to aerospace and defence companies who are interested in doing business here.

Partnerships with companies such as Lufthansa and Lockheed Martin bring worldwide attention to Newfoundland and Labrador's aerospace and defence sector and help stress to the international business community that local companies have the technological capability and know-how to compete for and win major contracts.

The expansion of industries such as aerospace and defence diversify our economy and create well-paying jobs for Newfoundlanders and Labradorians. We will continue to work closely with local companies and the Aerospace and Defence Industry Association of Newfoundland and Labrador to help expand this vibrant sector.
 

2010 12 14                                                      1:55 p.m.