21:04:43 EST Wed 04 Mar 2026
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Stantec Inc
Symbol STN
Shares Issued 114,066,995
Close 2026-03-04 C$ 126.46
Market Cap C$ 14,424,912,188
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Stantec to deliver phase 1 of Arctic radar project

2026-03-04 18:15 ET - News Release

Mr. Gord Johnston reports

STANTEC SELECTED TO DELIVER MULTIDISCIPLINARY ENGINEERING AND DESIGN SERVICES FOR CANADA'S ARCTIC OVER-THE-HORIZON RADAR PROJECT

Stantec Inc. will deliver the first phase of the government of Canada's Arctic over-the-horizon radar project, providing long-range, early warning radar coverage of the country's Northern regions.

Defence Construction Canada selected Stantec and its consortium partners to execute the project under a collaborative integrated project delivery model, where Aecon and Pomerleau will provide construction services as a joint venture, and Stantec will undertake multidisciplinary project management and design services.

Supporting NORAD and North America defence

The A-OTHR system is part of a federal investment implemented by Canada's Department of National Defence to modernize North American Aerospace Defense Command infrastructure -- a network of sensors, command centres and operational units that detect, validate and warn of aerospace and maritime threats. The program will establish a long-range surveillance radar network to monitor Arctic routes to major North American population centres, renewing Canada's North warning system.

"We are honoured to help advance NORAD's modernization, drawing on our deep experience in delivering resilient, climate-ready solutions across Canada," said Gord Johnston, president and chief executive officer of Stantec. "Our long-standing partnership with Canada's Department of National Defence reflects the trust built through decades of collaboration and reinforces a shared commitment to strengthening the country's critical infrastructure for generations to come."

Engineering services for federal government priorities

As part of the consortium, Stantec's scope will include project management, civil engineering, environmental services, architecture, buildings engineering, power engineering, geotechnical engineering and landscape architecture.

A validation phase will commence in the first quarter of 2026. Upon validation and the completion of a design development phase, construction is expected to commence.

About Stantec Inc.

Stantec empowers clients, people and communities to rise to the world's greatest challenges at a time when the world faces more unprecedented concerns than ever before.

It is a global leader in sustainable engineering, architecture and environmental consulting. Its professionals deliver the expertise, technology and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more.

Today's communities transcend geographic borders. At Stantec, community means everyone with an interest in the work that it does -- from its project teams and industry colleagues to its clients and the people its work impacts. The diverse perspectives of its partners and interested parties drive it to think beyond what has previously been done on critical issues like climate change, digital transformation, and future-proofing its cities and infrastructure.

The company consists of designers, engineers, scientists, project managers and strategic advisers. It innovates at the intersection of community, creativity and client relationships to advance communities everywhere, so that together it can redefine what is possible.

Stantec trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol STN.

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