11:51 AM EDT, 10/02/2025 (MT Newswires) -- Calian Group ( CLNFF ) , up 1.6% on last look, said Thursday that it has acquired Quebec-based engineering company InField Scientific for an undisclosed sum.

This acquisition expands Calian's defence portfolio enabling it to deliver end-to-end electromagnetic solutions. Working with partners like Lockheed Martin on the new River-class destroyer project (formerly Canadian Surface Combatant), Calian and InField Scientific will be supporting Canada's largest and most advanced next-generation destroyers, a statement said.

"This acquisition directly strengthens relationships and enhances Calian's defence capabilities at a time when the need to protect national sovereignty is rapidly increasing," said Chris Pogue, president of Calian's defence and space division.

"Combining the bench strength of both teams, we can now deliver superior end-to-end capabilities to customers and accelerate the delivery of electromagnetic solutions for Canada and allied nations. In addition, it provides geographic expansion into new defence markets, strengthens our relationships with Lockheed Martin and the Royal Canadian Navy and positions Calian for future naval opportunities."

Calian is up $0.79, to $50.24, on the Toronto Stock Exchange.

Price: 50.24, Change: +0.79, Percent Change: +1.60