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TORONTO, March 04, 2026 (GLOBE NEWSWIRE) — Aecon Group Inc. (TSX: ARE) (“Aecon”) announced today that a partnership between Aecon, Pomerleau and Stantec has executed an agreement with Defence Construction Canada to deliver the Arctic Over-the-Horizon Radar Program Stage 1 project in Ontario.
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Under a collaborative Integrated Project Delivery (“IPD”) model, Defence Construction Canada serves as the project owner and an Aecon-led 50/50 joint venture between Aecon and Pomerleau is responsible for project delivery. 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.
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Implemented by Canada’s Department of National Defence, the Arctic Over-the-Horizon Radar Program is part of a key NORAD modernization initiative that will advance the renewal of Canada’s North Warning System. The program will establish a northward-aimed radar system with long-range surveillance of the northern approaches to major population centres in North America.
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“Aecon is purpose-built to deliver complex projects with national importance. The Arctic Over-the-Horizon Radar Program is a critical undertaking and Aecon is primed to play a central role in delivering this essential defence infrastructure project alongside Defence Construction Canada and our partners,” said Jean-Louis Servranckx, President and Chief Executive Officer, Aecon Group Inc.
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Further project information is available on the MERX website.
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About Aecon
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Aecon Group Inc. (TSX: ARE) is a North American construction and infrastructure development company with global experience. Aecon delivers integrated solutions to private and public-sector clients through its Construction segment in the Civil, Urban Transportation, Nuclear, Utility and Industrial sectors, and provides project development, financing, investment, management, and operations and maintenance services through its Concessions segment. Join our online community on X, LinkedIn, Facebook, and Instagram @AeconGroupInc.
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For further information:
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Adam Borgatti
SVP, Corporate Development and Investor Relations
416-297-2600
[email protected]
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Nicole Court
Vice President, Corporate Affairs & Communications
416-297-2600
[email protected]
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Statement on Forward-Looking Information
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The information in this press release includes certain forward-looking statements which may constitute forward-looking information under applicable securities laws. These forward-looking statements are based on currently available competitive, financial and economic data and operating plans but are subject to risks and uncertainties. Forward-looking statements may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, ongoing objectives, strategies and outlook for Aecon, including statements regarding the various phases of the project and expectations regarding project timelines, and the anticipated clearance of regulatory inspections. Forward-looking statements may in some cases be identified by words such as “may,” “will,” “expects,” “target,” “future,” “plans,” “believes,” “anticipates,” “estimates,” “projects,” “intends,” “should” or the negative of these terms, or similar expressions.
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