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Tag: Royal Canadian Navy

Hexicon completes divestment of the TwinHub Project

Renewables
Following a combination of significant increases in inflationary pressures and supply chain costs, Hexicon recognised an impairment on the Project in December 2025

Easing US sanctions did not help Russia increase seaborne oil shipments

General
The key limiting factor was disruptions in port infrastructure, primarily in Primorsk and Ust-Luga.

Canada Signs With Lockheed-BAE Team for Frigate Mega-Contract

Navy
Canada has formally signed a $185 million contract with Lockheed Martin, BAE and Irving Shipbuilding for the design of the Royal Canadian Navy

Canada Shares Frigate Repair Contracts Across Three Yards

Navy
Canada's Public Services and Procurement has spread $7 billion in maintenance and repair contracts for Royal Canadian Navy frigates across three shipyards

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