"Right now, the city has 158 companies operating in the aerospace and defence sector, according to Calgary Economic Development. The industry across the entire province contributed $3.1 billion in gross domestic product in 2024, the agency said. There's a tremendous amount of defence and aerospace activities happening that most people are not even aware of, said Jeff LaFrenz, president of VizWorX, a tech company whose software includes a virtual reality platform that can let soldiers hold battlefield meetings while safe inside their armoured vehicles."
"This week, Boeing, Ottawa and Calgary Economic Development announced funding for a new initiative in Calgary to fast-track the commercialization of Canadian-made defence technologies and to help local companies find new clients in the sector. The company has to spend a certain amount of money on Canadian aerospace and defence as part of a contract signed with Ottawa, to replace the country's aging maritime patrol aircraft. This is the latest in a string of announcements across Canada and is expected to be just the first of the company's Alberta-focused announcements, a Boeing spokesperson said."
Calgary hosts 158 companies in the aerospace and defence sector and contributed $3.1 billion to provincial GDP in 2024. VizWorX offers a virtual reality platform that enables soldiers to hold battlefield meetings while protected inside armoured vehicles. The energy industry often dominates public discourse, which can drown out aerospace developments. Boeing, the federal government and Calgary Economic Development are funding an initiative to fast-track commercialization of Canadian defence technologies and help local companies find new clients. Boeing must invest in Canadian aerospace and defence under a procurement contract to replace aging maritime patrol aircraft, and major commercial aviation investments have arrived in the city.
Read at www.cbc.ca
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