The coming $26 billion windfall for the Canadian Armed Forces. What to buy?

[kEiThZ]

It's Lockheed Martin Canada, a US company?

Welcome to the complex world of multinationals. US parent. But they are a distinct branch, with all Canadian employees and obligated to keep intellectual property developed in Canada here. CMS 330 was developed for the Halifax Class by another company they bought. They've developed it and heavily marketed it since then. Most of that billion dollar sale is coming to Canada.

 

[hw621]

Welcome to the complex world of multinationals. US parent. But they are a distinct branch, with all Canadian employees and obligated to keep intellectual property developed in Canada here. CMS 330 was developed for the Halifax Class by another company they bought. They've developed it and heavily marketed it since then. Most of that billion dollar sale is coming to Canada.

Maybe we should stop letting US, or any other foreign countries, to buy all our crown jewels...

 

[kEiThZ]

Maybe we should stop letting US, or any other foreign countries, to buy all our crown jewels...

Maybe we should. That's a different discussion from saying we have nothing to offer Europe in the defence sector.

 

[kEiThZ]

The first procurement from the new Defence Investment Agency:

Ottawa aims to improve Arctic communications with new defence agency’s first procurement

Roughly $3-million contract awarded to Telesat and MDA Space part of larger ESCP-P project

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