BlackBerry Says Canada’s Defence Supply Chain Expansion Raises Communications Risks
Bitget2026/11/03 17:40- Canada's defence supply chain expansion increases communications security risks as more small and medium-sized enterprises join prime contractors' supplier networks.
- Core defence spending is projected to rise from $64 billion in 2025 to about $160 billion by 2035.
- Cumulative spending is expected to exceed $1 trillion over the next decade, but procurement barriers could constrain SME participation.
- SMEs represent 92% of defence firms but receive about 30% of revenue, highlighting the sector's concentration.
- The 2026 Defence Industrial Strategy targets a 70% revenue share for Canadian firms by 2035, reinforcing the need for secure supplier collaboration.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple's Dubai Event Presence Gets High-Profile Boost From Emirates Chairman
Signal of a rebound? Goldman Sachs US stock panic index reaches "extreme levels"
Goldman Sachs Volatility Panic Index surged to 9.57, approaching its maximum value, with the largest single-day increase ranking third in history, and the combined two-day volatility setting a new record. Historical data shows that after this index has exceeded the 9.5 threshold 15 times, the S&P 500 has seen an average three-month gain of 4.6% with a success rate of 80%. However, Goldman Sachs traders warn that forced liquidations have not yet fully cleared, and the market is still searching for a bottom, but opportunities on the other side are becoming increasingly difficult to ignore.
SpaceX (SPCX.US) undergoes board changes: Google executive departs, Tesla merger evaluation underway.
SpaceX (SPCX.US) announced on Friday that Don Harrison has resigned from the company's board of directors.
Crypto prices
More
