Defence companies call on government, investors for more support - BNN Bloomberg

Canadian defence firms are calling on governments and investors to more urgently make financial decisions involving the sector. Eliot Pence, CEO of defence contractor Dominion Dynamics, says for too long Canadian procurement processes have moved too slowly and haven’t favoured domestic companies. As proof, he points to the many years it took the country to settle on buying F-35s and to pick out what kind of drones it would purchase. Pence says a better procurement process would make decisions in weekly, daily or even hourly cycles. While Katheron Intson sees signs the government is coming arou…