Excellent roundup, the Membertou-Genoa acquisition is particlarly interesting. Indigenous firms getting traction in complex naval design work (JSS and polar icebreaker projects) shows a real shift beyond the usual procurement set-asides. Been tracking similiar moves in other sectors and capacity-building through M&A seems to stick better than one-off contracts.
Excellent roundup, the Membertou-Genoa acquisition is particlarly interesting. Indigenous firms getting traction in complex naval design work (JSS and polar icebreaker projects) shows a real shift beyond the usual procurement set-asides. Been tracking similiar moves in other sectors and capacity-building through M&A seems to stick better than one-off contracts.
Agreed! The Marshall Land Systems acquisition is another example of indigenous firms being able to move up the value chain in a smart way.