Calian Group Ltd. (TSE:CGY) has released an update.
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Calian Group Ltd. has secured significant defence contracts worth $29 million in the fourth quarter of fiscal year 2024, reinforcing its standing as a key player in the global defence industry. As global military spending rises, Calian is positioned to support NATO and allied forces with operational and training support, defence manufacturing, and technical expertise. The company’s strategic moves, including its acquisition of Mabway, highlight its readiness to meet the growing demands of the defence sector.
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