Advocacy / Member News
[ARTICLE] The State of Canadian Defence Purchasing for 2024
[ARTICLE] The State of Canadian Defence Purchasing for 2024
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.
About CADSI
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 and follow us on Twitter at @CadsiCanada .
Media Inquiries
Please direct all media inquiries to:
Tel: +1 613-235-5337 x43
The Canadian Association of Defence and Security Industries
251 Laurier Ave. West, Suite 300 Ottawa, ON, K1P 5J6
