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More than 400 aerospace products and parts companies operate in Canada and generate annual revenue of about $22 billion. Major companies in the Canadian aerospace sector include Bombardier, CAE, Magellan Aerospace, and Héroux-Devtek. Many US-based aerospace firms, including Boeing, Lockheed Martin, GE, Goodrich, and Honeywell, have subsidiaries or other operations in Canada. European aerospace companies, such as Saab AB, EADS, Thales, and Rolls-Royce, also have Canadian operations.
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