As Kanata-based Calian cracks $500 million in annual revenues for the first time, its CEO tells OBJ he's aiming squarely for the $1-billion milestone.
The Rainbow Bistro has been thrown a $50,000 lifeline by some blues-loving business executives.
Kanata's SimFront and SimWave are 'punching way above their weight' in fast-growing field, Calian CEO Kevin Ford says.
Kanata-based company stretched its streak of profitable quarters to 79 in a row with a net profit of $2.1 million for the three-month period ending June 30.
The 2019 Forty Under 40 Award recipient will replace Sandra Cote, who is retiring at the end of the year.
Big-box behemoth, whose Canadian subsidiary is headquartered on Hunt Club Road, posted revenues of $30.2 billion in 2020, up 6.6 per cent from a year earlier.
Kanata-based company reported revenues of $138 million in the second quarter of fiscal 2021, up 33 per cent from a year earlier.
The three-year contract is valued at about $16 million, with options for an additional two years.
Five-year deal continues business relationship between Kanata firm and military university that dates back to 1997.
Latest acquisition is largest M&A deal in Kanata company's 39-year history.