Nova Scotia's aerospace and defence companies and suppliers will gain a competitive edge thanks to a 10 million dollar investment from the province. Premier Darrell Dexter made the announcement this afternoon (October 12th) at Composites Atlantic in Lunenburg. Dexter says 10 million will be accessible to the industry for costs such as equipment, tooling and engineering. The funding will help create jobs and help companies become, and remain globally competitive. Dexter says aerospace and defence is a growing sector with thousands of high-quality jobs across the province and this investment will help our companies acquire major international contracts, keeping and creating jobs here in Nova Scotia. This is a one time allocation of funds through the Industrial Expansion Fund.
