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National Defence committee  Mr. Chairman, my name is Daniel Verreault. I represent General Electric in Ottawa. I would like to thank you for the invitation to appear before you. GE has a long and proud history in Canada. The company has been established in the country since 1892, and its five divisions are

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  Mr. Dryden, this is a competitive world. The GE Rolls-Royce Fighter Engine Team is ready to compete for this business, ready to compete in all eight partner countries. In the U.S. the two engines will be purchased, by design, by the U.S. forces. It is not expected that the intern

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  The terms and conditions of the Israeli contract have not been finalized. They are under negotiation, and we would not be able to comment today on these terms and conditions. Regarding the engine situation, it is the intent of the joint project office, on a yearly basis, for the

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  First of all, regarding the British situation, the Secretary of Defense has recently written to eight esteemed colleagues in the U.S. Congress advocating for engine choice, advocating that the British military be given an engine choice. Regarding competition, Canada has selected

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  The recipe that will develop the sustainment model for the engine is still under development and under design. When we are able to compete, we will then be able to present you with an aggressive industrial plan. We will then show you what our technology can achieve, in terms of t

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  Regarding the funding of the alternate engine in Washington, D.C., we continue receiving bipartisan support. As my colleague, Mr. Lennie, has mentioned, we keep, on a yearly basis, receiving Congress support. The situation is the same again for the 2011 budget. We are hoping that

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  That is an agreement that was signed by eight industrial partners.

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  The Fighter Engine Team is a company that was created by GE Rolls-Royce with a 60% share for GE and 40% for Rolls-Royce. Of course, we invested our own industrial funds in the program. In terms of the engine development, that is done according to the same American technology dev

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  The program funding is definitely funding from the American Department of Defense. That department has not included funding for that program in its budget. In past years, each time the budgets were re-examined, the American Congress would add supplementary funding in order to f

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  Mr. Bachand, we agree with you.

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  We have colleagues who are in Washington as we have colleagues in all the eight partner countries. It's obviously a U.S. budgetary issue. There are obviously political discussions at play. There are clearly short-term fiscal imperatives that the government is attempting to choose

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  That is correct. I am talking of the Washington scene. Yes, there are differences in position between the DOD and the U.S. Congress, and it's an ever-evolving process.

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  The engine is government-furnished material. The cost of the engine will be determined by the joint project office and the price will be given to the Department of National Defence. I'd like to make this distinction. Regarding competition, absolutely. There are other issues tha

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  That's absolutely correct.

October 5th, 2010Committee meeting

Daniel Verreault

National Defence committee  That is correct.

October 5th, 2010Committee meeting

Daniel Verreault