PM Carney: 1st Canadian firm awarded contract under SAFE agreement

Montreal-based Marconi Applied sciences has turn into the primary Canadian firm to land a contract below the SAFE settlement Canada signed with the European Union.

Prime Minister Mark Carney unveiled the information at present on the G7 Leaders’ Summit in Évian, France.

The Prime Minister’s Workplace says Marconi received a contract value greater than $10 million to provide tactical radios made in Canada to Poland’s army.

The Canadian agency will companion with Polish firm Enamor Worldwide, with deliveries anticipated to start this 12 months and run by to 2030.

The European Parliament formally welcomed Canada into the defence borrowing and procurement settlement often called SAFE in Might, the one non-European nation to affix.

This system grants preferential entry to defence contracts financed by low-interest loans below the settlement and is a part of a broader initiative aimed toward lowering the continent’s army reliance on america.

With information from Kyle Duggan, The Canadian Press

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