Overview

• The Canadian government has awarded a $48.4 million contract to a joint venture between Atco Frontec and the Inuvialuit Development Corp. for the Polar Over-the-Horizon Radar system.
• The project involves the design, construction, installation, and operation of a radar system capable of detecting targets hundreds to thousands of kilometres away.
• Atco CEO Nancy Southern emphasized the strategic importance of the system for Arctic defence and described opportunities in the sector as 'astounding.'
• Southern noted challenges such as supply chain issues, trade tensions, and geopolitical uncertainties during the company’s annual general meeting.
• The initiative aligns with broader efforts to modernize NORAD and strengthen Canada’s sovereignty in the Arctic region.