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Boeing Investment in Espace Aéro to Strengthen Quebec's Aerospace Competitiveness
Today, Aéro Montréal, Quebec's aerospace cluster, signed a Memorandum of Agreement (MOA) with Boeing confirming a CAD $110 million (USD $85 million) investment in Espace Aéro, Quebec's new aerospace innovation zone and in Aéro Montréal's MACH initiative (Parcours Aéro Compétitivité). This investment will directly support the development of Quebec's aerospace innovation zone and strengthen the province's aerospace sector, particularly in the strategic areas of sustainable transformation and auton
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[{"type":"text","content":"$110 Million CAD MOA signing to Accelerate Decarbonization, Autonomy and Boost Industry Competitiveness","length":103,"tagName":"p","attribs":{}},{"type":"text","content":"MONTREAL, Oct. 3, 2025 /CNW/ - Today, Aéro Montréal, Quebec's aerospace cluster, signed a Memorandum of Agreement (MOA) with Boeing confirming a CAD $110 million (USD $85 million) investment in Espace Aéro, Quebec's new aerospace innovation zone and in Aéro Montréal's MACH initiative (Parcours Aéro Compétitivité). This investment will directly support the development of Quebec's aerospace innovation zone and strengthen the province's aerospace sector, particularly in the strategic areas of sustainable transformation and autonomy.","length":560,"tagName":"p"},{"type":"image","alt":"Aéro Montréal logo (CNW Group/Aéro Montréal)","displaySize":"","headline":null,"caption":"Aéro Montréal logo (CNW Group/Aéro Montréal)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":63,"url":"https://media.zenfs.com/en/cnwgroup.com/e4d259cbbc62627016664c36e0646ebe"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/mII3oXmYu2PTaYuP2SEJGQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTExMTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/e4d259cbbc62627016664c36e0646ebe","width":400,"height":63}},"href":"https://mma.prnewswire.com/media/2788246/A_ro_Montr_al_Boeing_Investment_in_Espace_A_ro_to_Strengthen_Que.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"This announcement – marking key steps forward for Quebec's aerospace industry – took place at CAE's Montreal office in the presence of representatives from the governments of Quebec and Canada. Boeing's Industrial and Technological Benefits investment, first announced in May 2024, stems from Canada's selection of the P-8A Poseidon aircraft for its long-range Multi-Mission Aircraft needs.","length":411,"tagName":"p"},{"type":"text","content":"Two years ago, Canada awarded Boeing a CAD 10.4 billion contract for 16 P-8A aircraft under the CMMA program, leveraging the ITB policy to secure major economic benefits for Quebec. It was on the recommendation of the then-Minister, François-Philippe Champagne, that Boeing chose to make a major investment in research infrastructure and equipment in Quebec, thereby strengthening th...