The company said the contract supports Canada’s sovereign defence industrial base and strengthens its ability to manufacture and sustain key munitions for the Canadian Armed Forces. It also gives Ottawa a more secure domestic source for a weapon class used in close combat against armoured threats.
The award marks a step in Canada’s wider push to improve defence production capacity and supply chain resilience. Magellan said local M-72 LAW production will support national security, reliable access for the armed forces and a stronger Canadian industrial base.
“This agreement represents a milestone for Magellan Aerospace and for Canada’s defence objectives,” said Haydn Martin, Magellan’s Vice President of Business Development, Marketing and Contracts. “Together with the Government of Canada, we are ensuring a sovereign manufacturing capability that will strengthen Canada’s national security, and maintain high-value employment, and provide the Canadian Armed Forces with a secure, resilient domestic source of critical defence equipment.”
“This investment demonstrates Canada’s commitment to building world-class industrial capabilities that will serve the country for decades to come.” The company said the programme will also help maintain high-value employment linked to Canada’s defence sector.
The M-72 LAW is described by Magellan as one of the world’s most widely fielded and combat-proven shoulder-launched anti-armour weapons. Bringing production into Canada is intended to reduce reliance on external supply chains for an operational capability used by the Canadian Armed Forces.
The initiative also fits Canada’s broader objective of strengthening sovereign industrial capabilities. Magellan said it supports allied defence readiness through a resilient North American and NATO-compatible industrial base.
For Magellan, the contract adds a new domestic weapons production role under a national munitions programme. For Canada, it is another move to secure local capacity for equipment and munitions at a time when industrial readiness has become a central defence policy concern.
