MARKHAM, Ontario--(BUSINESS WIRE)--Canada's top defence and military magazine, CANADIAN DEFENCE REVIEW, has released its annual survey and ranking of defence companies in Canada.
Meggitt Training Systems Canada, a world leading provider of unmanned air, land and sea vehicle targets based in Medicine Hat, Alberta has been ranked Canada’s # 1 Defence Company for 2013.
This is the ninth year for the CDR survey of Canada’s Top Defence Companies and in announcing this year’s rankings, CDR Publisher and Editor-in-Chief, Peter Kitchen commented, “MTSC is a leader in Canada’s burgeoning unmanned systems community and it is a proudly Canadian operation.”
CDR editor, Peter Kitchen added that, “MTSC is an extremely worthy choice as Canada’s # 1 Defence Company because of its record of product innovation, success in the export market, adaptability, and of course its dedicated work in serving the Canadian Forces.”
“We are honoured to be named Canada’s #1 Defence Company by CDR, Canada’s leading defence and military journal,” said Spencer Fraser, President & General Manager of Meggitt Training Systems Canada Inc.
“We would like to thank the team at Meggitt Training Systems Canada for their hard work, commitment and dedication, without them we would not be where we are today.”
In CDR’s Top 50 Defence Companies Rankings for 2013, there were five new companies in the survey showing that the CDR Top 50 is not just an exercise in re-shuffling the deck of the usual defence industry players.
In a new category this year, Ottawa based DEW Engineering was named “biggest mover” moving up 23 places to the # 14 slot on this year’s chart. CDR’s Kitchen said, “Canada’s defence industry is strong and vibrant and through our annual survey and ranking we hope to shine the spotlight on a very important industry not only for the Canadian economy but also for the Canada’s Military.”
As in past years, an evaluation panel consisting of CDR editorial staff and independent advisors ranked the companies based on factors such as economic impact, innovation, contribution to the nation's security, and support of Canada’s military.
An informative profile on MTSC as well as the complete Top 50 Defence Companies rankings can be found in CDR’s April edition. The survey is also available on the CDR website: www.CanadianDefenceReview.com
