Vanguard

The Business Development Bank of Canada is putting money behind specific Canadian companies rather than simply promising to do so. At CANSEC on May 27, BDC announced new investments through its StrongNorth Fund in two Canadian dual-use technology firms, alongside a new partnership designed to help high-potential companies scale into defence markets.

The federal government used CANSEC on May 27 to roll out a package of procurement policy changes designed to move money to Canadian companies faster and with less friction. The measures, announced by Prime Minister Mark Carney, are now in effect.

The Industrial and Technological Benefits Policy has been modernised with fou...

The Royal Canadian Navy’s future River-class destroyers will be equipped with a proven submarine-hunting system already in service with some of Canada’s closest allies. Thales Canada has been awarded a contract by Lockheed Martin Canada to supply the S2087 towed array son...

Prime Minister Mark Carney made a personal appearance at CANSEC in Ottawa on May 27 to announce that the federal government has selected Saab of Sweden as its preferred supplier for the Airborne Early Warning and Control (AEWC) program, opening the door to formal discussions on a deal that could bring advanced multi-domain surveillance to the Royal Canadian Air Force.

Canada’s next-generation naval fleet has reached another key milestone, with Lockheed Martin Canada awarding