First Research Canadian Industry Profile

More than 300 aerospace products and parts manufacturing employer establishments (single-location companies and units of multi-locations companies) operate in Canada. The industry generates annual revenue of about $20 billion, according to the Aerospace Industries Association of Canada. Major companies in the Canadian aerospace sector include Bombardier, CAE, Héroux-Devtek, and Magellan Aerospace. Many US-based aerospace firms, including Boeing, GE, Lockheed Martin, Textron, and UTC Aerospace Systems, have subsidiaries or other operations in Canada. European aerospace companies Airbus Group, Rolls-Royce, and Thales also have Canadian operations.

Demand is driven by Canada’s defense budget and the defense budgets of nations strategically allied with Canada, as well as international economic conditions, ... plus: