Overview
- Defense Minister David McGuinty announced funding for IMT Precision in Ingersoll, Ontario, and General Dynamics Ordnance and Tactical Systems–Canada in Repentigny, Quebec.
- General Dynamics will receive up to $642 million for a 155 mm projectile loading and assembly plant, $355.7 million for a new nitrocellulose facility, and up to $57.9 million for an M231/232 charges line.
- IMT Precision will receive up to $305.4 million to build a factory for 155 mm shell bodies, targeting full capacity of 144,000 M795 shells per year after ramp‑up.
- Production targets include nitrocellulose output beginning by 2029 at 3,400–7,800 tonnes annually and projectile processing scaling from 12,744 units in 2028 to 12,000 per month by 2029.
- The investment is delivered through the Canadian Defence Industry Resilience program under the $6.6‑billion Defence Industrial Strategy, with projected job creation of at least 75 positions initially and up to 400 at full production.