Defence and Security

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

W.R. Davis Engineering is the latest Canadian company to join the supply chain for the next-generation Canadian Surface Combatant (CSC) warships that are expected to eventually replace the navy’s current fleet of Halifax-class frigates.

Boeing Canada currently employs 33 people at its office in the World Exchange Plaza. The 8,000-square-foot space serves as headquarters for the global aircraft manufacturing giant’s growing Canadian defence operations.

To highlight some of the issues facing the defence industry, both nationally and locally, OBJ spoke with Canadian Association of Defence and Security Industries (CADSI) vice-president of business development Steven Hillier.

The company said it will provide “specialized software development and integration solutions” to the Canadian Army under the agreement, which runs until May 2028.

For a long time, Glenn Cowan argues, defence was a “dirty word” in the Canadian investment community. But the founder of Ottawa-based ONE9 Venture Partners says that’s changing.

David Luxton is quietly confident 2023 will be the year Kwesst Micro Systems graduates from a startup to a mature leader in its field.

Today, the 30-person team is expanding, landing major deals as a prime contractor with several large defence organizations in Canada and the U.S.

Today, the 30-person team is expanding, landing major deals as a prime contractor with several large defence organizations in Canada and the U.S.