Team Artemis Adds Canadian Companies for Royal Canadian Air Force Remotely Piloted Aircraft System Program

MIRABEL, QUEBEC, APRIL 22, 2021 – FOUR CANADIAN COMPANIES HAVE JOINED TEAM ARTEMIS, EXPANDING ITS EXPERTISE AND CAPABILITIES TO SUPPORT THE ROYAL CANADIAN AIR FORCE’S (RCAF) REMOTELY PILOTED AIRCRAFT SYSTEMS (RPAS) PROGRAM.

HIGHLIGHTS:

  • Four Canadian aerospace companies join team
  • Companies bring engineering, logistics, training and simulation and mission management expertise
  • Team’s supplier base collectively employs more than 18,000 Canadians

Airbus Canada, based in Quebec, joins Alberta-based companies ATCO Frontec, Canadian UAVs and Lockheed Martin CDL Systems as members of Team Artemis, led by L3Harris Technologies, a global technology innovator, and Israel Aerospace Industries (IAI), a world leader in unmanned aircraft system (UAS) development.

The additions to Team Artemis bring expertise in aeronautics engineering, deployed logistics, training and simulation, and mission management capability. They complement team members that provide crucial Canadian components – the WESCAM MX-Series EO/IR turret from L3Harris and the PT-6 engine from Quebec-based Pratt & Whitney Canada. L3Harris, with Canadian operations in 14 locations and six
provinces, is serving as prime contractor and will provide C4ISR integration for the platform as well as all in service support functions for the planned contract duration of more than 25 years.

The Team Artemis supplier base collectively employs more than 18,000 Canadians, generates $11 billion in revenue and operates throughout the country. “The addition of these well-established, innovative and highly qualified companies further strengthens our position to offer the RCAF the most capable solution for its RPAS requirements,” said Ugo Paniconi, General Manager, L3Harris in Mirabel. “Our team will offer a proven, cost-effective solution, which will include substantial and sustainable Canadian industrial content – resulting in significant work packages and jobs across the country.”

Team Artemis offers the Artemis UAS, which is based on IAI’s Heron TP UAS but uniquely designed to meet Canadian specifications. The Heron TP has been in service for more than 10 years with the Israeli Air Force and has been selected by the German Armed Forces. It is the only combat-proven system that meets the RCAF’s demanding operational requirements. The Government of Canada is planning to acquire an RPAS to help meet its defence needs. The RPAS will be integrated into a network of intelligence, surveillance and reconnaissance systems to enable near realtime flow of information essential to RCAF operations.

L3Harris was selected as a qualified bidder in late May 2019. The request for proposal is expected to be released later this year, the contract awarded in 2022-2023 and the first system delivery is anticipated in 2024-2025. L3Harris is one of the country’s largest and most diverse defense and security companies and employs more than 2,300 Canadian employees.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that reflect management’s current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are
subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about system capabilities, the value or expected value of orders, contracts or programs are forward-looking and involve risks and uncertainties. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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