Canada: Lockheed Martin Canada secures a CAD 1.85 billion contract subject to the requirement of business activity in Canada equal to the contract value

Announcement

31 Oct 2024

In October 2024, Lockheed Martin Canada secured a CAD 1.85 billion (USD 1.33 billion) contract subject to the requirement of business activity in Canada equal to the contract value.

Source

Number of interventions

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Oct 2024

Revocation date:

No revocation date

Updated: 31 Oct 2024

Localisation, nes In force

Updated: 31 Oct 2024

Public procurement, nes In force

Related State Acts

05 Feb 2014

Canada: Defence Procurement Strategy requires that companies undertake business activity in Canada equal to the value of the contract

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