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Calian Group ( (TSE:CGY) ) has shared an update.
Calian Group has announced its first partnership under Calian VENTURES with TACTIQL Inc. to develop next-generation intelligence, surveillance, and reconnaissance (ISR) capabilities for the Canadian Armed Forces and allied partners. This collaboration aims to enhance interoperability, situational awareness, and decision-making speed in military operations, leveraging TACTIQL’s innovative FULCRUM platform and Calian’s extensive defence integration experience. The partnership is expected to strengthen Canada’s defence industrial base and contribute to the country’s economic prosperity by creating exportable solutions.
The most recent analyst rating on (TSE:CGY) stock is a Hold with a C$53.00 price target. To see the full list of analyst forecasts on Calian Group stock, see the TSE:CGY Stock Forecast page.
Spark’s Take on TSE:CGY Stock
According to Spark, TipRanks’ AI Analyst, TSE:CGY is a Neutral.
Calian Group’s strong revenue growth and cash flow generation are significant positives, supported by a robust backlog and strategic investments in the defense sector. However, declining profitability, increased leverage, and challenges in the ITCS segment weigh on the overall score. The negative P/E ratio and neutral technical indicators further temper the outlook.
To see Spark’s full report on TSE:CGY stock, click here.
More about Calian Group
Calian Group Ltd. is a trusted provider of mission-critical solutions across defence, space, health, and other critical infrastructure sectors. The company is known for its expertise in systems engineering, command-and-control integration, and interoperability solutions, serving the Canadian Armed Forces and allied partners.
Average Trading Volume: 20,341
Technical Sentiment Signal: Buy
Current Market Cap: C$599M
For detailed information about CGY stock, go to TipRanks’ Stock Analysis page.