The Canadian government announced plans to amend its existing maintenance and upgrade contract with Lockheed Martin.

According to the official statement, Canada will pay the company an additional $1.14 billion. This adjustment involves revisions to the existing agreement, aimed at ensuring the continuous maintenance and performance upgrades of related equipment. The increase in contract value reflects updates in project scope or requirements. The official statement points out that this revision is intended to guarantee long-term operational effectiveness and meet ongoing needs in the defense sector. The additional funds will be used to support technical maintenance and system enhancements within the scope of the contract. This decision reflects Canada’s commitment to continued investment and modernization of defense equipment. After the contract revision, Lockheed Martin will continue to provide critical technical support and services.