Lockheed Martin Canada Becomes a Tenant at COVE
March 25, 2019 (Dartmouth, NS) – As a leading technology and innovation company, Lockheed Martin Canada is committed to the next big idea, and we are excited to announce they are a tenant at COVE.
“Lockheed Martin is one of the world’s leading technology companies with advanced capabilities in a variety of ocean markets,” says Jim Hanlon, CEO at COVE. “Lockheed Martin Canada is a long-standing global supplier of Canadian-designed naval systems and integration expertise and was recently awarded the contract for the design of the new Canadian Surface Combatant fleet. We welcome Lockheed Martin Canada to COVE and look forward to their growing presence within our organization as they continue to expand their Canadian supply chain and their partnerships with small technology companies and with the ocean R&D community.”
As a trusted partner to the Royal Canadian Navy for more than three decades, Lockheed Martin Canada continues to deliver lasting economic benefits, leveraging the innovation and talent within Canada for critical export opportunities.
“We have found tremendous support in Nova Scotia for our growth plans and in creating a strategic high-tech workforce in Halifax,” commented Glenn Copeland, Business Development Director, Lockheed Martin Canada. “That is why, when we secure important work such as what we are currently doing on the Arctic and Offshore Patrol Ships and the Canadian Surface Combatant, we are excited to re-invest in partnerships like COVE.”
Lockheed Martin Canada’s enthusiasm for ocean partnerships dates back to the release of a pivotal study from Duke University in 2010 that highlighted several pillars for ocean ventures growth in Nova Scotia, including defence. Copeland added, “As a company focused on developing naval systems, we recognized a natural fit and significant opportunity to support ocean technology advances and exploration - not only within the traditional defence industry but also for emerging markets. We are excited to work with COVE in bringing together partners for research and development and business opportunities that will support our future programs.”
“COVE continues to demonstrate that it was a great idea waiting to happen," says Halifax Mayor Mike Savage. "The addition of Lockheed Martin to the impressive roster of resident companies is an indication that COVE will continue to ensure Halifax and Nova Scotia are leaders in ocean innovation.”
Centre for Ocean Ventures & Entrepreneurship (COVE) is an ocean tech business park that encourages collaboration across sectors to connect local and international companies in the ocean sector. COVE brings together people, ideas, industry and research to help our community and members work in new ways. Together, we are a catalyst in creating the world’s next practical, commercial and revolutionary ocean tech advances. Irving Shipbuilding, as part of its Value Proposition commitments under the National Shipbuilding Strategy (NSS), has invested $4.52 million in COVE to support development of the programs and operations. www.coveocean.com
About Lockheed Martin Canada
Lockheed Martin Canada, headquartered in Ottawa, is the Canadian-based arm of Lockheed Martin Corporation, a global security and aerospace company that employs approximately 105,000 people worldwide. Lockheed Martin Canada has been Canada's trusted defence partner for nearly 80 years specializing in the development, integration and sustainment of advanced technology systems, products and services. The company employs approximately 1,000 employees at major facilities in Ottawa, Montreal, Halifax, Calgary, and Victoria, working on a wide range of major programs spanning the aerospace, defence and commercial sectors.
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Centre for Ocean Ventures & Entrepreneurship (COVE)