Calian's Defense Boom: A Canadian Company Cashes In on Global Tensions The recent earnings call from Calian Group Ltd. , a Canadian defense contractor, has sent shockwaves through the industry.
The company posted record breaking revenue and adjusted EBITDA, driven by its Defense & Space segment. This sector accounted for 18% year over year growth in revenue and a staggering 60% increase in adjusted EBITDA.
Calian's success can be attributed to strategic acquisitions and opportunism. The company acquired AMS and InField Scientific, which have significantly contributed to revenue growth.