Carney announces first contract awarded to Canadian company under SAFE agreement with EU (opens original article in a new tab)

Prime Minister Mark Carney announced a $10-million contract for Marconi Technologies under the SAFE agreement, marking the first Canadian company to receive such a contract. Canada joined the SAFE program, a European defense procurement initiative, and is the only non-European member. The agreement aims to boost defense capabilities with 150 billion euros in funding, and Canada plans to co-chair an EU ocean observation alliance.

• Marconi Technologies awarded a contract under SAFE agreement to supply tactical radios for Polish army
• Canada joined SAFE program as only non-European country with 150 billion euros in financing
• Canada seeks closer European ties and co-chairs OceanEye International Alliance