January 16, 2026
First military procurements managed by Defence Investment Agency revealed


Politics

The federal government has disclosed the first eight projects to be managed by the new Defence Investment Agency.

New agency set up to speed up defence procurement

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Men in suits stand on top of a submarine in a docking bay.
National Defence Minister David McGuinty, South Korea Prime Minister Kim Min-seok, Prime Minister Mark Carney and Hahnwa Group’s Kim Dong Kwan speak are seen touring a submarine in South Korea in October. One of the first projects being handled by the new defence procurment agency is buying a new fleet of subs. (Adrian Wyld/The Canadian Press)

The federal government has disclosed the first eight projects to be managed by the new Defence Investment Agency.

The large military procurements include Canada’s next fleet of submarines, Arctic over-the-horizon radar and a fleet of early warning-and-control surveillance aircraft.

The other projects include in-service support and software upgrades for the CC-130J Hercules transport aircraft and satellite communications procurements โ€” but it is not yet managing the purchase of any land vehicles or fighter jets.

The agency is being run by former banker Doug Guzman and tasked with taking on projects with a value of more than $100 million.

The Liberal government had to disclose the projects in documents tabled in Parliament late Friday in response to a research request by Conservative MP Scott Anderson.

Prime Minister Mark Carney pledged to set up the new office in the spring election as a way to centralize defence procurement and buy equipment for the Canadian Armed Forces at a faster pace.

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