MRO Magazine

Research and Markets: Canadian Defense Industry Report 2015 – Market Attractiveness, Competitive Landscape and Forecasts to 2020

December 14, 2015
By Business Wire News


Research and Markets ( has announced the addition of the “Future of the Canadian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2020” report to their offering.

The Canadian defense budget, which values US$15.0 billion in 2015, registered a CAGR of -8.58% between 2011 and 2015.

In 2015 an Economic Action Plan (EAP) was formulated and it proposes to enhance the key industrial capabilities by investing CAD2.5 million per year to undertake research on Canada’s defense industrial base. Also, Authors Research and Development Canada (DRDC) spend around CAD300 million on Research and Development programs.

An increasing number of collaborations between defense companies and research institutes are underway and are expected to further increase over the forecast period The country’s overall budget constraints restricted the allocation of funds towards the defense sector.

The contraction in military expenditure is expected to continue until 2016; after which the budget is projected to increase owing to modernization initiatives. Over 2016-2020, the defense budget is expected to increase at a CAGR of 2.64% from US$13.9 billion in 2016 to US$15.5 billion in 2020

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

4. Defense Procurement Market Dynamics

5. Industry Dynamics

6. Market Entry Strategy

7. Competitive Landscape and Strategic Insights

8. Business Environment and Country Risk

9. Appendix – Future of the Canadian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2020

Companies Mentioned

– Av Corp

– Bell Helicopter Textron Canada Ltd


– Cascade aerospace

– General Dynamics Canada

– General Dynamics Land Systems Canada

– Héroux-Devtek Inc.

– L-3 MAS

– Magellan Aerospace Corporation

– Pacific Safety Products

– Raytheon Canada

– Rheinmetall Canada Inc.

For more information visit

Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Aerospace and Defence