Ottawa Business Journal - Local - Defence and security  

PSP terminates takeover

Troubled Pacific Safety Products (TSX-V:PSP) is shaking up its executive team after scuttling a plan to see the soft armour maker restructure under a reverse takeover.

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Defence and security in images

  • Pacific Safety moves head office to Arnprior

    October 26, 2011 - 8 h 10

    Pacific Safety Products Inc. (TSXV:PSP), a maker of armour and personal protection equipment, has shifted its head office from Ottawa to its manufacturing plant in Arnprior, Ont. in a cost savings move.

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  • Pacific Safety 'stabilized' as it posts quarterly loss

    October 25, 2011 - 14 h 45

    Struggling soft armour maker Pacific Safety Products Inc. (TSX-V:PSP) posted a quarterly loss as its chief executive paid tribute to the company's "stabilized" balance sheet.

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  • Security industry docks in Ottawa

    October 21, 2011 - 13 h 20

    A new major defence conference will open in Ottawa next week just as two local firms are making national news in that industry.

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  • UPDATE: Ottawa defence contractor reportedly moving HQ to northern NY

    October 13, 2011 - 13 h 27

    An Ottawa defence contractor with a modest local presence is considering moving its new corporate headquarters to northern New York.

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  • DND exercises $380K Pacific Safety contract option

    September 16, 2011 - 11 h 40

    The Department of National Defence has exercised a $380,000 contract option with Pacific Safety Products (TSX-V:PSP) for protective products.

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  • Humansystems eyes expansion to support DND contract

    September 12, 2011 - 16 h 47

    Guelph-based Humansystems Inc. may expand its modest presence in the nation’s capital after winning its largest defence R&D contract in company history, a spokesperson says.

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  • Local Curtiss-Wright facility involved in US$27.5M contract

    September 9, 2011 - 12 h 39

    The Ottawa manufacturing operations of defense and aerospace giant Curtiss-Wright Corp. (NYSE:CW) will help fill a US$27.5 million order from BAE Systems (LON:BA), the company said Friday.

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  • Pacific Safety Products switches bank

    September 2, 2011 - 14 h 05

    Pacific Safety Products (TSX-V:PSP), which was operating under a forbearance amid financial troubles, has switched its credit facility to Royal Bank of Canada.

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  • BAE signs TAPV training teaming agreement

    September 1, 2011 - 14 h 00

    BAE Systems, which has about 20 local employees, has signed a teaming agreement with Bluedrop Performance Learning to provide training for its future Tactical Armoured Patrol Vehicle program.

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  • PSP garners $1M RCMP standing offer

    August 24, 2011 - 8 h 27

    Soft-armour maker Pacific Safety Products Inc. (TSX-V:PSP) has been awarded a $1 million standing offer to supply its products to the RCMP.

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