[ad_1]
To print this article, all you need is to be registered or login on Mondaq.com.
Periods of change often create great opportunities and Norwegian
defence companies are well positioned to benefit from the shifting
global security environment and Canada’s need to rebuild its
defence and security capabilities. In addition to being among
Canada’s close allies and therefore standing to benefit from
the strategic realignment of Canada’s supply chains towards
friendly states, Norwegian defence companies have synergies with
their Canadian counterparts. Whereas the Canadian defence sector is
known for its strengths in naval vessel construction, aircraft
fabrication, and related fields, these are complemented by the
Norwegian defence sector’s niche product spectrum, particularly
its recognized strength in the following technological areas:
- Command, control, information, decision support and combat
systems - Systems integration
- Autonomous systems and artificial intelligence
- Missile technology Underwater technology
- Ammunition, propulsion technologies and explosives
- Material technology developed for military use
- Life cycle support for military land, air and sea systems
The fact that Norwegian companies excel in critical sub-systems
and components presents unique opportunities for them to
successfully partner with Canadian prime contractors to the mutual
benefit of all parties. This Team Norway in Canada – Doing
Business in Canada guide has been directed by the Royal Norwegian
Embassy in Ottawa and Innovation Norway to assist Norwegian defence
suppliers to take advantage of new opportunities (examples of which
are included in Appendix “A” to this Guide) in the
Canadian defence sector during an area of rapidly increasing
expenditures.
This Guide will provide a blueprint for Norwegian firms seeking
to enter the Canadian defence and security marketplace at a time of
great challenge and opportunity.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Corporate/Commercial Law from Canada
[ad_2]
Source link