‘Eyes wide open’: potential for risks and rewards with feds’ new ‘rapid’ and ‘less-competitive’ approach to defence procurement, say observers

The government's efforts to reform defence procurement by accelerating acquisitions are being lauded by industry experts, but they also warn the approach could come with pitfalls such as cost overruns and delays.
Secretary of State for Defence Procurement Stephen Fuhr, pictured March 5, 2026, at the Ottawa Conference on Defence and Security, currently has oversight for the Defence Investment Agency tasked with overseeing major military acquisitions.

The federal government is adopting a new, "less competitive," and more result-oriented approach to defence procurement by running accelerated processes, observers say, with one warning Canadians to watch with "eyes wide open" for risk of cost overruns and delays as future co...

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