Defence and Security

Ex-Power Tek exec Pamic taking M&A talents to new venture in industrial sector

Joseph Pamic, who spearheaded a series of M&A deals that helped Stittsville-based Power-Tek Group more than triple its revenues since 2020, announced this week he has launched a venture with Toronto-based business partner Robert Curran aimed at acquiring companies in the precision manufacturing, industrial and consumer packaging industries.

Clear ‘buy Canadian’ procurement policies will be critical for defence and security

The Canadian and American defence industrial bases are highly integrated, an arrangement that stretches back to the...

Kwesst shares soar as new customer signs on to Kanata firm’s laser-detection technology

Kwesst Micro Systems’ shares soared Wednesday after the Kanata-based defence technology company said it has landed its...

U.S.-based unmanned aircraft maker to beef up footprint at Ottawa’s Area X.O

A California-based firm that builds unmanned aircraft for clients such as the U.S. Department of Defense is...

Thales Canada opening new headquarters in Kanata amid hiring spree

Thales Canada will be relocating its workers who are currently spread out across three locations in the National Capital Region to a single new office at 500 Palladium Dr. in Kanata by the end of the year, a company executive has confirmed.

BAE Systems’ talent, innovation generating Canadian growth and security

BAE Systems has played a vital role in the Canadian defence and security industrial base for more...

Defence first: local exhibitors at CANSEC sensing renewed buzz around security sector

While the show has always been a big deal for exhibitors, there’s a sense that the buzz around CANSEC might be just a little louder this year.

Kongsberg Geospatial expands Kanata office as defence software firm taps new markets

Founded in Ottawa in 1992 as Gallium Visual Systems, Kongsberg Geospatial was acquired by Norwegian defence giant Kongsberg Gruppen in 2006.

Ottawa-based defence VC fund ONE9 acquired by Kensington Capital Partners

Kensington has purchased ONE9’s investment team led by founder and managing partner Glenn Cowan, the companies announced Wednesday.

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