The new office promises faster approval, an earlier participation in the industry and internal economic benefits.
The new agency of the federal government in the field of defense investment is going to revise the process of military procurement.
Bye Problems of procurement Distributed for Canadian technological companies in all sectors, protection is supplied with special financing and regulatory authority Obstacles This brings long waiting time. The new office will centralize the procurement check and approval to defense contracts, deleting excess steps to accelerate the process, the statement of the Prime Minister (PMO) said.
The Defense Investment Agency will also strategically connect purchases with internal industrial benefits, including infrastructure priorities, which has both civil and military use. It will also provide an earlier interaction between the Canadian armed forces and the defense industry of Canada so that they can synchronize their priorities and terms.
Located in the framework of the public services and procurement of Canada, the agency will be directly led by the General Director Dug Gusman, the former deputy chairman of the RBC and the managing director of Goldman Sachs, and is also controlled by the state Minister of Procurement of Defense Stephen Fur. The new branch will prioritize in partnerships that will help Canada. increase defense costs Among NATO countries.
“All at once we can stimulate investments, strengthen our national security and fulfill our international obligations,” Gusman said. “We will bring speed and simplicity to the process of weapons of our military, while creating the industrial capacities of Canada.”
The first stage of the operations of the Defense Agency will be focused on “creating an organization”, the deployment of integrated procurement groups and promoting the first wave of “highly priority purchases”, according to PMO. Globe and mail It was reported that he would control purchases estimated at $ 100 million, while small contracts will remain in accordance with standard processes.
CONNECTED: Why the Canadian defense technology sector suddenly explodes
The President of the Council of Canadian innovators Ben Bergen said that his organization is considering “positive signs”, that the government will strategically use purchases as an instrument of internal economic growth, but success depends on the development of a “stable” internal ecosystem.
“This will require communication and close cooperation with the leaders of the industry, since we are working on a change in the culture of the procurement of the Canadian government, which too often turn off technological companies,” Bergen said.
Over the past year, levying expenses for defense technologies and state expenses exploded, especially after Prime Minister Mark Carney in military expenses. Isabelle is thin, president and chief executive director of the Canadian Business Development Bank (BDC), Betakit said last month that Crown Corporation is Cooking To serve the sector of the country's defense technologies in the “less shy” and “more aggressive method”.
With the increase in demand, startups and infrastructure to support it follows. The technological company at an early stage of Dominion Dynamics states that it has raised a “very significant” preliminary seed round within a few months after the foundation. It is also Partnership With the new Arctic training center in Whitehors to check its technology. Defense Tech Venture Capital One9 and the local economic development agency invests Ottawa I am struck by the partnership Open your research and development complex for protection and safety startups. Meanwhile, the new accelerator for defense technical companies, Vimy Forge, also Runned In New Brake this week.
The image was provided by Mark Carni through LinkedinField