Every year, Canadian defence organizations spend billions of dollars purchasing a wide variety of goods and services. Indeed, the Department of National Defence (DND) is responsible for well over 10,000 contracts per year and will spend an estimated $26.5 billion Canadian Dollars (CAD) in 2023-24. However, Canada’s defence budget, as well the broader Canadian federal budget, is facing proposed cutbacks. Having a comprehensive understanding of the market will be crucial considering these potentially challenging economic conditions.
Get a look into the state of Canadian defence purchasing for 2024 the latest article from Brynn Bruder, Sr. Research Analyst, SLED & Canada Market Analysis, GovWin from Deltek.
The Canadian Association of Defence and Security Industries (CADSI) is the national voice of Canada’s defence and security industry. Representing nearly 1,800 companies from coast to coast, CADSI advocates for a competitive, innovative, and resilient industrial base that contributes to Canada’s security, sovereignty, and economic prosperity.
