A composite carbon fibre antenna at a Calian research facility in Saskatoon. Calian Company faces headwinds from activist investor Matt Proud, who has been pressing it to refocus the business.

Canadian defence contractor Calian CGY-T will be under new leadership by the end of the year, as the company wraps up an internal audit and faces headwinds from an activist investor pressing it to refocus its business.

Kevin Ford will retire from his role as CEO after 10 years, capping off 15 years with the company. Patrick Houston, current chief financial officer and chief development officer, will take his place effective Jan. 1, 2026. A new CFO will be hired to replace Mr. Houston.

“The energy it takes to run a publicly traded company in today’s world is not insignificant. So, I felt it was a

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