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ATCO Frontec and Inuvialuit Development Corporation Partnership Secures Radar Defence Contract for Canada's North

ATCO Frontec and Inuvialuit Development Corporation Partnership Secures Radar Defence Contract fo...

articleAtco Ltd. Class IApril 2, 20255/company/atco-ltd-class-i/news/atco-frontec-and-inuvialuit-development-corporation-partnership-secures-radar-defence-contract-for-canadas-north
ATCO Frontec and Inuvialuit Development Corporation Partnership Secures Radar Defence Contract for Canada's North

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[{"type":"text","content":"\n\n\n\n ATCO Frontec and Inuvialuit Development Corporation Partnership Secures Radar Defence Contract for Canada's North\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n Joint Venture will lead made-in-\n \n Canada\n \n solution for Polar Over-The-Horizon Radar contract valued at\n \n $48.4M\n \n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n April 2, 2025\n \n\n /CNW/ -\n \n ATCO Ltd.\n \n (TSX: ACO.X) (TSX: ACO.Y)\n \n\n\n\n\n\n\n\n\n The Government of\n \n Canada\n \n has awarded a joint venture between ATCO Frontec Ltd., and Inuvialuit Development Corporation (IDC), a two-year contract valued at\n \n $48.4 million\n \n to design, build, install and operate a new radar defence system in the\n \n Northwest Territories\n \n . Under the terms of the joint venture agreement, IDC holds 51% ownership, while ATCO holds 49%. The Polar Over-the-Horizon Radar (POTHR) system will use technology that can detect targets at long ranges, typically hundreds to thousands of kilometres, beyond the typical radar horizon.\n \n\n \"We've assembled an incredible team of experts to deliver a highly technical, made-in-\n \n Canada\n \n solution for the POTHR program,\" said\n \n Jim Landon\n \n , President, ATCO Frontec. \"Our partnership has decades of experience operating and maintaining defence infrastructure in the\n \n Northwest Territories\n \n and across\n \n Northern Canada\n \n .\"\n \n\n The enhanced infrastructure is part of a Government of\n \n Canada\n \n funding plan to strengthen our country's continental defence capabilities, including to modernize the North American Aerospace Defence Command (NORAD).\n \n\n \"We are proud to leverage our deep knowledge of the region and work alongside Inuvialuit businesses to drive this project forward,\" said\n \n Robert C. McLeod\n \n , Chair, Inuvialuit Development Corporation. \"This collaboration will create lasting economic opportunities, strengthen local capacity and deliver direct benefits to Inuvialuit beneficiaries for years to come.\"\n \n\n The joint venture has teamed up with Canadian-owned D-TA System...

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