Organization: Lockheed Martin

The Short Report – May 27, 2020: DMZ and Ryerson Futures merge; Canadian psychedelic research gets boost; CFI launches $25-million competition; progress on a homegrown COVID-19 vaccine; and more

The Natural Sciences and Engineering Research Council has awarded $76 million for 128 new applied research projects at colleges, cégeps and polytechnics. Funded through the tri-agency College and Community Innovation Program and the College-Industry Innovation Fund from the Canada Foundation for Innovation, the investments will connect colleges with local companies, particularly small- and medium-sized enterprises, to collaborate on projects that further…

Lockheed Martin completes IRB related to sale of Super Hercules aircraft

Lockheed Martin has completed $1.4 billion worth of industrial regional benefits (IRB) associated with the federal government’s purchase of 17 CC-130J Super Hercules aircraft dating from 2007. The IRB commitments were completed one year ahead of schedule, completing 76 transactions involving companies and universities that included R&D funding, the development and sale of technology products…

IBC Advanced Alloys wins Lockheed Martin contract

Vancouver-based IBC Advanced Alloys Corp has been awarded a contract from Lockheed Martin, Bethesda MD, to design, manufacture and implement hard tooling for the precision targeting components of Sniper ATP, Lockheed’s targeting system for fixed wing aircraft. IBC’s Beralcast alloys are considered ideal for Sniper ATP, which is used for targeting and non-traditional intelligence, surveillance…

Lockheed Martin funds Ottawa firm’s technology

Lockheed Martin‘s Canadian subsidiary has announced that it providing an unspecified amount of R&D funding to Ottawa-based Maritime Way Scientific Inc to support the firm’s development of an acoustic modelling system and tactical decision aid technologies. Lockheed Martin Canada Mission Systems & Training is supporting Maritime Way’s SPARTA (sonar performance-acoustic research-tactical analysis) technology to enhance…

Lockheed Martin invests in two Atlantic universities

Lockheed Martin is investing $4 million in the Univ of New Brunswick and $2 million in Dalhousie Univ as part of its obligations stemming the federal government’s purchase of C130 Hercules aircraft. Under Industry Canada‘s Industrial Regional Benefits (IRB) policy, Lockheed Martin can claim a 5:1 credit under the IRB program for investing in Canadian…