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 industry voice of more than 650 Canadian defence, security and cybersecurity companies that produce world-class goods, services and technologies made across Canada and sought the world over. The industries contribute to the employment of more than 78,000 Canadians and generate $12.6 billion in annual revenues, roughly half of which come from exports. To learn more, visit defenceandsecurity.ca.
Le AICDS est la voix nationale des secteurs de la défense, de la sécurité et de la cybersécurité du Canada. Nous établissons des liens entre l'industrie et les partenaires gouvernementaux et internationaux afin de promouvoir l'innovation, la collaboration et la croissance.
