- page 17

17
JULY 2016
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The Canadian Business Journal
avoid the historical boom and bust in Canadian
shipbuilding. Halinaty expects the work being done
by Thales will span well into the 2020s.
“For us, this is a long-term endeavour,” he
says. “Following these ships we are currently
working on, we anticipate doing work with the
polar icebreakers for the Coast Guard and also
looking into the long-term support of these ves-
sels once they get out to sea.”
Thales’ impressive presence in the trans-
portation sector led to a record input year
approaching $1.5 billion in 2015 due to a num-
ber of colossal transportation projects, which
spurred impressive growth. The naval expan-
sion also continues and from those two aspects
alone, Halinaty foresees potential growth within
the company’s existing facilities in Canada.
There could be more projects on the west coast
through shipbuilding, and possibly more on the
east coast as well, depending on the level of
success with the Canadian Surface Combatant
program, which is a $26 billion endeavour that
“Following these ships we
are currently working on, we
anticipate doing work with the
polar icebreakers for the Coast
Guard and also looking into
the long-term support of these
vessels once they get out to sea.”
– Mark Halinaty
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