- Calian Group (CGY) has signed a deal to provide science and technology research capabilities to Canada’s Department of National Defence
- Based on an “as and when requested” basis, the contract has a five-year term and is valued at approximately C$18 million
- The contract was awarded under Canadian Safety and Security Program (CSSP) at Defence Research and Development Canada (DRDC)
- The company will support technology services for CSSP and roughly 21 federal departments and agencies
- Calian Group (CGY) is currently down 0.8 per cent and is trading at $63.50 per share
Calian Group (CGY) has signed a deal to provide science and technology research capabilities to Canada’s Department of National Defence.
Based on an “as and when requested” basis, the contract has a term of five years and is expected to generate approximately C$18 million.
Kevin Ford, President and CEO of Calian Group, said the contract supports the company’s continued growth and customer retention.
“With customer retention as the first pillar of our four-pillar growth framework, delivery excellence continues to be a focus for all of our customers.
“Calian is honoured to provide a wide range of trusted services and solutions to the men and women of the Canadian Armed Forces, and broadly support Canada’s overall defence policy, Strong, Secure, Engaged,” he added.
The contract was awarded under the Canadian Safety and Security Program (CSSP) at Defence Research and Development Canada (DRDC), the Department of National Defence’s national leader in defence science and technology.
Calian will partner with a number of other companies, including C3 Human Factors, CogSim Technologies, SimFront Simulation Systems, CAE and Lansdowne Technologies, to support technology services for CSSP and roughly 21 federal departments and agencies.
Gordon Youngson, Vice President of Engineering and Technical Services at Calian Group, noted that the contract will allow the company to engage in a variety of projects over the coming years.
“Having been a part of the team that delivered the previous version of this contract, Calian is very pleased to be selected to lead this fantastic team as we support the Government of Canada’s science and technology expertise for public safety and security programs,” he said.
Calian Group (CGY) is currently down 0.8 per cent to $63.50 per share at 12:09pm EDT.
