AMSC Secures $75M Multi-Year Contract With Irving Shipbuilding For Ship Protection Systems And Engineering Support For Royal Canadian Navy, With First Delivery Expected In 2026
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AMSC has secured a $75 million multi-year contract with Irving Shipbuilding to provide ship protection systems and engineering support for the Royal Canadian Navy. The first delivery is expected in 2026.
June 12, 2024 | 12:06 pm
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AMSC has secured a $75 million multi-year contract with Irving Shipbuilding to provide ship protection systems and engineering support for the Royal Canadian Navy. The first delivery is expected in 2026.
The $75 million contract is a significant revenue boost for AMSC, indicating strong future earnings potential. The partnership with Irving Shipbuilding and the Royal Canadian Navy enhances AMSC's market position in the defense sector.
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