230 million contract in the United States | An American breakthrough coming about for Top Aces

Top Aces pilots, who fly F-16 fighter jets, will embody the enemy in combat training with the US Air Force over the next five years, a deal that could net the Quebec company up to CAN230 million.

Posted at 4:10 p.m

Julian Arsenal

Julian Arsenal
The press

Top Aces, the world’s first private operator of this type of military aircraft, has just won its first major air training contract with an adversary in the United States – the world’s top defense spender. The specialist in combat training services, based in Montreal on the Trans-Canada Highway, already counts the Canadian and German armies among its customers.

“These are years of investment for us,” said Erin Black, the company’s communications manager. It’s big for us. It probably opens doors for other things besides showing other countries what we can do. »

Top Aces’ 26 F-16 fighters, purchased from the Israeli army, will land at two bases: Eglin in Florida and Luke in Arizona. Starting next month, they will assume the role of belligerents for American pilots of the F-35 – the Lockheed Martin-built fighter jet presented as the most technologically advanced – and the F-22.

For the company, founded in 2000 by former military pilots, the contract is the culmination of a long process. In 2019, the company was one of seven companies selected for a framework agreement valued at up to $6.4 billion. Top aces managed to get their piece of the pie.

“We talked about it for a long time and it finally became a reality,” says M.me Black.

If the contract allows Top Aces to grow, the benefits will be seen further south of the border. The company needs pilots, mechanics and engineers at the two American bases.

The United States has decided to join the list of countries outsourcing the adversary role, reducing costs and providing more productive training hours for pilots. In Canada, Top Aces had secured a $480 million contract with the Canadian National Defense. Renewable, the deal could reach 1.4 billion by 2031.

Top Aces currently has approximately 380 employees – including approximately 160 in Quebec – spread across Canada, the United States and Germany. The company’s workforce will swell thanks to this new contract. Mme However, Black did not quantify the extent of the planned hiring.

The company counts the Caisse de Depot et Placement du Québec (CDPQ) among its shareholders. According to the latest annual report, Quebecers’ wool sock placement is estimated at 50 to 100 million.

Learn more

  • $780 billion
    This is the estimated United States military budget for fiscal year 2022.

    United States government

Leave a Comment