Canadian firms that are currently exporting to the U.S. must continue to innovate, and explore ways to enhance their productivity and competitiveness. They must also invest time and effort into understanding the broader marketplace, supply chains and industry trends in their target markets.”
In the August/September issue of Vanguard magazine, Michael Petric, Avascent associate, highlighted a recently proposed amendment to the Fiscal Year 2017 National Defense Authorization Act (NDAA) that would change the definition of what constitutes America’s defense industrial base. Currently, Canadian firms enjoy privileged access to America’s defense marketplace as Canada is considered “American” by the Pentagon, so in many cases can compete on the same terms as American companies for DoD programs, subcontracts, or access to the supply chains of major prime contractors.
However, the proposed changes to the NDAA could expand the definition of the national technology and industrial base to include the United Kingdom and Australia, leading to increased competition for Canadian industry.
To read the full article, click here: “Canadian Defence and Aerospace Firms Face Greater Competition in the U.S.“