Calian Signs over $50M in Defence Contracts in Q1
06 Février 2025 - 1:22PM
Calian Group Ltd. (TSX: CGY), announced today that it signed over
$50 million in new and renewed multi-year defence contracts in the
first quarter of fiscal year 2025 highlighting the continued need
for mission-critical defence solutions and the value Calian
provides to Canada’s defence, NATO and our allies.
Of the almost 30 contracts, half will provide operational
readiness training, including one for NATO’s Joint Warfare Centre
(JWC). Under the terms of the agreement, Calian will serve as the
prime contractor, providing the majority of JWC’s critical defence
training in the form of military and civilian subject matter
experts to support JWC in delivering on its mission to train NATO
forces at the strategic and operational levels. This support will
include helping ensure forces can work together efficiently in a
crisis and increasing the effectiveness and readiness of NATO’s
multinational forces.
"The surge in global defence budgets underscores the demands of
modern warfare and continued geopolitical instability,” said Kevin
Ford, CEO of Calian. “As we look ahead, Calian recognizes our
militaries need trusted, dependable partners to deliver
mission-critical solutions. With capabilities that support
personnel readiness, equipment reliability and secure, scalable
operations, our goal is to ensure military forces are
operation-ready so they can perform optimally in the most
demanding, high-stakes environments.”
With over 40 years of experience, Calian delivers defence
readiness solutions supporting national and international security.
Leveraging our innovative technologies and expertise, Calian drives
operational excellence through military training, healthcare,
cybersecurity, communications and systems integration—helping
military forces stay prepared and resilient in today’s rapidly
evolving security and technology landscape.
Learn more about how Calian delivers confidence for military
customers, no matter their
needs: https://www.calian.com/defence/.
About Calian
www.calian.com
We keep the world moving forward. Calian® helps people
communicate, innovate, learn and lead safe and healthy lives. Every
day, our employees live our values of customer commitment,
integrity, innovation, respect and teamwork to engineer reliable
solutions that solve complex challenges. That’s Confidence.
Engineered. A stable and growing 40-year company, we are
headquartered in Ottawa with offices and projects spanning North
American, European and international markets. Visit calian.com to
learn about innovative healthcare, communications, learning and
cybersecurity solutions.
Product or service names mentioned herein may be the trademarks
of their respective owners.
Media inquiries:
media@calian.com
613-599-8600
Investor Relations inquiries:
ir@calian.com
DISCLAIMER
Certain information included in this press release is
forward-looking and is subject to important risks and
uncertainties. The results or events predicted in these statements
may differ materially from actual results or events. Such
statements are generally accompanied by words such as “intend”,
“anticipate”, “believe”, “estimate”, “expect” or similar
statements. Factors which could cause results or events to differ
from current expectations include, among other things: the impact
of price competition; scarce number of qualified professionals; the
impact of rapid technological and market change; loss of business
or credit risk with major customers; technical risks on fixed price
projects; general industry and market conditions and growth rates;
international growth and global economic conditions, and including
currency exchange rate fluctuations; and the impact of
consolidations in the business services industry. For additional
information with respect to certain of these and other factors,
please see the Company’s most recent annual report and other
reports filed by Calian with the Ontario Securities Commission.
Calian disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise. No assurance can be given
that actual results, performance or achievement expressed in, or
implied by, forward-looking statements within this disclosure will
occur, or if they do, that any benefits may be derived from
them.
Calian · Head Office · 770 Palladium Drive · Ottawa · Ontario ·
Canada · K2V 1C8Tel: 613.599.8600 · Fax:
613-592-3664 · General info email:
info@calian.com
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