A strategic sector, but one under pressure

Quebec is home to one of the largest aerospace hubs in the world, driven by a dense ecosystem of prime contractors, equipment manufacturers, and specialized manufacturing SMEs. It's an export-driven industry, exposed to global demand cycles, supply chain challenges, and increasing international competition.

Companies in the sector must contend with several underlying challenges:

  • a shortage of skilled labour;
  • pressure on margins and the need for tight control over production costs;
  • certification and compliance with strict industry standards (quality, traceability, cybersecurity);
  • the shift to digital and the automation of production lines;
  • financing innovation and R&D;
  • business succession and transaction-related issues (acquisitions, sales, transfers);
  • managing risk across a globalized supply chain.

In this context, surrounding yourself with advisors who understand both manufacturing realities and the specific demands of aerospace makes all the difference.

 

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Get in touch

Saki Tzanidis

Partner - CPA

Our expertise at your service

Getting the support of an expert is a wise decision to ensure a successful transaction.

Make enlightened business decisions and minimize the risks inherent in any investment or business acquisition, thanks to the support of our team of experts.

If your project involves a divestiture, an acquisition, a major phase of an organizational transformation, or business refinancing, our experienced team will take care of all aspects.

In the purchase, sale or transfer of shares or assets, there is no room for error.

Since cyberthreats are constantly evolving, organizations of all sizes must protect their most valuable assets and digital environments in addition to their data.

Experts who know your industry

Our team includes dedicated experts who understand the practical realities of aerospace: demanding certifications, prime contractor production cycles, globalized supply chains, and margin pressure. These aren't generalists learning your industry as they go, they're advisors who have already supported a Tier 1 supplier in Montreal's aerospace cluster through its growth, financing, and transaction challenges.

Experts dedicated to manufacturing and aerospace challenges

A broad network of buyers, investors, and prime contractors in the sector

3,200+ professionals backed by the Grant Thornton network, present in more than 150 markets

 

Frequently asked questions about supporting aerospace companies

Most aerospace companies qualify for SR&ED tax credits (federal and provincial) for their research and development activities, along with various manufacturing innovation support programs. Our tax experts assess your eligibility and optimize your claims.

 

Several options exist: government programs supporting technology investment, traditional bank financing, or financing structured around a specific project. Our corporate finance team helps you identify and structure the right mix of funding sources for your situation.

Prime contractors increasingly require cybersecurity assurances from their suppliers: certifications, access management, protection of technical data. Our risk management experts help you meet these requirements and secure your supply chain so you remain a trusted supplier.

Preparation is key to a successful transaction: business valuation, due diligence, and tax structuring. Our mergers and acquisitions team supports owner-managers at every step, from preparation through to closing.

By focusing on process optimization, Industry 4.0 adoption, and rigorous cost control. Our experts conduct operational audits to pinpoint the most profitable investment priorities and improve your productivity.

Requirements vary by prime contractor, quality, traceability, security, but generally involve rigorous internal controls. Our internal audit and compliance team helps you structure your processes to meet these standards.

Aerospace

Our expertise at your service

From supply chain challenges to business succession, let's talk about the issues specific to your company with a team that knows the industry.