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DCNS Sets A Foothold in Canada - In April 2014, DCNS incorporated a wholly-owned Canadian subsidiary which is intended to develop DCNS Naval Engineering and Industrial Partnerships in Canada - DCNSgroup.com
DCNS Sets A Foothold in Canada

 

PRZOOM - /newswire/ - Paris, Ile de France, France, 2014/05/23 - In April 2014, DCNS incorporated a wholly-owned Canadian subsidiary which is intended to develop DCNS Naval Engineering and Industrial Partnerships in Canada - DCNSgroup.com.

   
 
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DCNS Technologies Canada Inc. with headquarters in Ottawa, represents the first step towards the creation of Naval Systems Integration Center that was announced by Patrick Boissier, Chairman & CEO, during his November 2013 conferences given in Halifax, Ottawa and Toronto to establish a long-term strategic partnership with Canada. In particular, DCNS Technologies Canada Inc. will lead the design of the Canadian version of FREMM frigate, a contender for the Canadian Surface Combatant (CSC) programme under the National Shipbuilding Procurement Strategy (NSPS).

The Canadian shipbuilding industry has embarked on the largest procurement project in its history. Valued at over $35 billion dollars, the NSPS, with its made-in-Canada approach to shipbuilding, will bring over 30 years of economic growth and impact to multiple Canadian sectors through direct and indirect investments. The sustainable strategic partnerships that DCNS is proposing with Canadian industry, will support the most formidable naval defence program ever undertaken in Canada. In line with the country’s new Defence Procurement Strategy, the Canadian shipbuilding and marine industry will benefit directly from the CSC program.

The creation of DCNS Technologies Canada Inc. reflects the group’s commitment to pursue its international development and strengthen its presence in Canada through long-term ties with Canadian industries in defence sector but also for civilian activities like Marine Renewable Energy. DCNS (dcnsgroup.com) has already developed a strategic partnership with Nova Scotia to build next generation tidal energy project in Bay of Fundy. Its subsidiary OpenHydro, specialized in tidal turbines, will deploy a fully grid-connected 4MW tidal array to be in place in 2015. Moreover, the Group signed in 2013 a collaboration agreement with the Canadian University of Dalhousie concerning structural dynamics in marine environment.

Press contact: Marie-Laure Belle
P: +33(0)1 40 59 52 79 / +33(0)6 61 77 73 97
E: marie-laure.belle[.]dcnsgroup.com.

 
 
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DCNS Sets A Foothold in Canada

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DCNS |
Contact: Emmanuel Gaudez - DCNSgroup.com 
+33(0)1 40 59 55 69 / +33(0)6 61 97 36 63 emmanuel.gaudez[.]dcnsgroup.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any DCNS Group securities in any jurisdiction including any other companies listed or named in this release.

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