
Calian Group (TSE:CGY) reported record second-quarter revenue and sharply higher adjusted EBITDA, with management pointing to accelerating demand in defense and space markets, improved execution and recent acquisitions as key drivers of the quarter.
On the company’s fiscal second-quarter 2026 earnings call, CEO Patrick Houston said the results marked “a clear inflection point for Calian,” citing 18% revenue growth, including 12% organic growth, as well as CAD 321 million in new contract awards during the quarter. More than CAD 200 million of those awards came from the Canadian defense sector, spanning multiple solution areas.