Calian Technologies Ltd.
TSX : CTY

Calian Technologies Ltd.

March 31, 2015 17:00 ET

Calian Wins $15 Million Royal Canadian Air Force Contract for the Provision of Airworthiness, Engineering and Program Support

OTTAWA, ONTARIO--(Marketwired - March 31, 2015) -

(All amounts in this release are in Canadian Dollars)

Calian Technologies Ltd. (TSX:CTY) is pleased to announce that Amtek, a Calian subsidiary, has been awarded a contract renewal valued at $15 million for the Royal Canadian Air Forces' (RCAF) Airworthiness Program, Gatineau, Quebec.

Amtek, along with subcontractor Valcom Consulting Group Inc., will be providing 40+ highly skilled engineers with training and background in aeronautics (63 different categories in four different streams) to support the RCAF in ensuring that all aerospace equipment meets all of the regulatory requirements to effectively and safely operate, also known as airworthiness, in accordance with the Aeronautics Act. The contract starts immediately and will run to March 31, 2017 and includes one additional option year.

This specialized aerospace engineering team will provide support for almost all aspects of the RCAF's aircraft maintenance such as: airworthiness analysts and certification specialists, aircraft structures, regulatory issues, propulsion, flight sciences, electrical and electronic systems, life support equipment, material processes including environmental issues, avionics, E3, Human Factors and human systems integration, system safety, flight test, aircrew operations, cyber security, communications, electronic warfare, weapons and C4ISR. In addition the team will also perform engineering studies in the areas identified above to enhance the capability of the aircraft systems through modifications and enhancements.

" The Amtek/Valcom team was and remains uniquely positioned to augment such a highly qualified and diverse team of aerospace specialists because of our combined long-term relationship with the RCAF's Airworthiness program dating back to 2005" says Lester Sellars, President, Amtek Engineering Services.

"As one of Canada's largest defence companies, Calian is honoured that Amtek has been awarded the contract and is now the primary provider of professional services to support the Airworthiness program. In awarding this contract to Amtek, DND continues to recognize our ability to assemble and manage such a highly specialized team" stated Jerry Johnston, Vice President of Training and Engineering Services, Calian.

"The first pillar of Calian's growth strategy is customer retention. This win demonstrates that Amtek's track record of successful contract delivery and execution are key ingredients in retaining strategic customers such as the RCAF" said Kevin Ford, President and CEO, Calian. "It also reaffirms that the acquisition of Amtek will have a positive impact to our growth objectives" he continued.

About Amtek

Owned by Calian, Amtek is an engineering services company with full-spectrum systems engineering and technical services supporting the Department of National Defence (DND), other government departments, and industry since 1984. www.Amtekcdn.com

About Calian

Calian employs over 2,300 people with offices and projects that span Canada, U.S. and international markets. Calian operates under two distinct divisions. The Business and Technology Services division is headquartered in Ottawa. The division's capabilities include the provision of professional services to private and public sector organizations in health, training, engineering and IT services. Calian's Systems Engineering Division (SED), based in Saskatoon, plans, designs and implements complex communication systems for many of the world's space agencies and leading satellite manufacturers and operators. SED also provides contract manufacturing services for both private sector and military customers in North America. Known for it unwavering commitment to customer satisfaction, Calian seeks to be the best company to work for, buy from and invest in.

For further information, please visit our website at www.calian.com, or contact us at ir@calian.com

DISCLAIMER

Certain information included in press releases on this site is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; the dependence on new product development; the impact of rapid technological and market change; the ability of Calian to integrate the operations and technologies of acquired businesses in an effective manner; general industry and market conditions and growth rates; international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, see the reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.

Contact Information

  • Kevin Ford
    President and Chief Executive Officer
    613-599-8600

    Jacqueline Gauthier
    Chief Financial Officer
    613-599-8600
    ir@calian.com
    www.calian.com