Thank you.
I just want to add a couple of comments based on what I mentioned this morning on the efficacy I see in our partnership.
The aerospace sector operates within a high-technology sector in Canada and we do compete globally. We at Magellan Aerospace design, engineer, and manufacture aero-engine and aero-structure assemblies and advanced proprietary products. We do actively participate in collaborative, strategic investments of national interest, and we also have coordinated approaches to access opportunities through Canadian government purchases, such as IRBs.
I'm bringing this up because we look forward to applying these technologies to the export markets. We at Magellan have a proven business model of developing these proprietary products based on Canadian government and military requirements--for example, our Black Brant, Wire Strike, and CRV7. We exported those to the global market, and it is now a $50-million-a-year thriving business, 100% on exports. Those types of models do certainly work within industry.
Aside from the proprietary products, obviously there is manufacturing technology that we want to apply from military applications and take to civil and commercial applications as well. We're investing in automated manufacturing technologies to enable this to happen. We believe this technology is paramount to the success of the Canadian manufacturing industry in the future for folks in high-precision assembly and automated assembly of metallic and composite components. It will allow the Canadian industrial base to participate in future programs as well.
I did want to mention a couple of areas in the strategic partnerships, and I'll leave the notes here. We do look forward to the Canadian government's continued support in long-term risk-sharing capital requirements. We mentioned earlier that there is a strategic aerospace and defence initiative that replaced TPC, and it's just getting started right now. It's critical to make sure that is a success for industry.
We're asking for a level playing field, as was said earlier. It's not about grants or other opportunities, but we need a level playing field in the Canadian industry to develop new manufacturing technology and to maintain and grow our highly skilled workforce.
We are asking that the Canadian government consider modifying the policy required to ensure procurement of satellite technology and other strategic technology in Canada. Right now we are restricted as Canadian companies from competing in other jurisdictions and countries. Again, we need to seriously look at that so we can level the playing field with some of our international competition.
We do want continued government support through corporations like CCC and EDC to support the ongoing export of commercial and defence products. I know there's talk about some potential changes in a couple of those areas, but we want to make sure they do support the export of products, as that is key to our long-term success.
We'd like to maintain the procurement policies and practices for future proprietary product development--this is on strategic purchases specifically on the military side right now--so that we do have engineering, repair, and overhaul throughout the procurement and operational phases of those programs for Canadian industry. Again, we feel that's very important in our sector.