Montreal Firm to Supply Radios under EU Procurement

EVIAN-LES-BAINS - Montreal-based Marconi Technologies is the first Canadian company to land a contract under a defence procurement agreement Canada signed with the European Union.

Prime Minister Mark Carney unveiled the news at the G7 leaders' summit in Evian-les-Bains, France, before a meeting with European Commission President Ursula von der Leyen and European Council President Antonio Costa (see the photo).

"The first concrete example. There will be many more", Carney said. The Prime Minister's Office said Marconi won a contract worth more than $10 million to supply Canadian-made tactical radios to Poland's military. The firm will partner with Polish company Enamor International, with deliveries expected to begin this year and run through to 2030.

The European Parliament formally welcomed Canada into the defence borrowing and procurement agreement known as Security Action for Europe (SAFE) in May, the only non-European country to join. The 150-billion euro program grants preferential access to defence contracts financed through low-interest loans. It's part of a broader initiative aimed at reducing the continent's military reliance on the United States. Canadian companies can partner with European peers to bid on joint projects and access favourable financing.

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