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National Defence committee  That would have been before it was awarded. It was awarded in October 2001, so it would have been early 2001, perhaps, or maybe in late 2000. Then we had a selling job to do internally, of course, because everybody thinks what you're doing now will last forever and you have to r

October 5th, 2010Committee meeting

Bill Matthews

National Defence committee  Okay. If we achieve our $3 billion objective, you would calculate that 30% of that is the cost of people, and if you run that over 20 years you'll have 9,000 jobs. That breaks down to a standing group of 450 a year, so 450 people in new or saved jobs, and they continue throughou

October 5th, 2010Committee meeting

Bill Matthews

National Defence committee  That's the overwhelming message I'm getting. We should be proud that we're out there.

October 5th, 2010Committee meeting

Bill Matthews

National Defence committee  I think we should recognize that in most cases when we've had IRBs, we buy something, it's already in production, and it's been in production for x number of years. There are some exceptions, but generally that's the case. What's left over to take is not the best stuff, and very

October 5th, 2010Committee meeting

Bill Matthews

National Defence committee  Sure. Let's say it was the turn of the last decade, so 2000 or perhaps 2001. We evaluated what we were doing inside Magellan on the F-18 and we calculated the life of that aircraft and the volume of work we'd be doing, because we were making new bulkheads and so on for the aircra

October 5th, 2010Committee meeting

Bill Matthews

National Defence committee  First of all, my understanding of the MOU is that it contains two types of opportunity. One is strategic. The government has set some strategic guidelines for Lockheed and the two engine makers to meet in providing opportunity for Canadian companies. They've set some long-range s

October 5th, 2010Committee meeting

Bill Matthews

National Defence committee  I think the concept that we ought to be ashamed of having to compete for work is misplaced. I think that only people who can't compete are ashamed to compete. We know what we're doing. We know the world market. We're working the world market in everything we do on the civil side.

October 5th, 2010Committee meeting

Bill Matthews

National Defence committee  Yes, Mr. Chairman. First of all--

October 5th, 2010Committee meeting

Bill Matthews

National Defence committee  Okay. The question was about Haley Industries, which is located near Renfrew. I should tell an anecdote, but I'll stick to the subject. It is the finest sand casting facility in the western world. We're quite proud of it, and there is no one that compares to us in North America o

October 5th, 2010Committee meeting

Bill Matthews

National Defence committee  I read the MOU. It's not ours to read, but that's my understanding, yes.

October 5th, 2010Committee meeting

Bill Matthews

National Defence committee  That's a fair question. When the requirements for the Joint Strike Fighter were first created--this would have been 10 to 12 years ago, when they firmed up what the various requirements were--one of the them, independent of the aircraft, was price. In the past, occasionally, it w

October 5th, 2010Committee meeting

Bill Matthews

National Defence committee  I admit I'm not an expert on the Pentagon, but I am a pretty seasoned person in selling to the United States DOD. So where the decisions are made vary from Congress to the Pentagon to other agencies. Nonetheless, there are constant reviews of cost on programs driven by the Pentag

October 5th, 2010Committee meeting

Bill Matthews

National Defence committee  Thank you, Mr. Chairman. My name is Bill Matthews. I am representing Magellan Aerospace at today's committee meeting. My responsibilities as the vice-president of marketing at Magellan include customer interface, business development and capture, and customer strategic liaison

October 5th, 2010Committee meeting

Bill Matthews