Topic: How To Invest

Power Growth Investor Hotline – Friday, October 15, 2021

Article Excerpt

CALIAN GROUP LTD., $62.63, is a buy. The stock (symbol CGY on Toronto) lets investors benefit from the Ottawa-based company’s four main operating segments: Advanced Technologies, Health, Learning and Information Technology. Calian has now agreed to buy Canadian-based SimFront. The purchase price is $15 million, with $9 million paid on closing, plus additional payments of up to $6 million based on SimFront’s earnings performance over the next 24 months. Headquartered in Ottawa, SimFront’s simulation expertise and systems aim to help advance training focused on strengthening decision-making, and the performance and readiness of tactical commanders and staffs in new operating environments. Calian and SimFront already have a collaborative relationship within Canada’s Department of National Defence. Now, Calian will combine its MaestroEDE software with SimFront’s VCCI Tool Suite—which includes augmented/virtual/mixed reality solutions—to let it provide end-to-end military training and simulation capabilities. SimFront’s customers include Land Forces and Navy in the Canadian Department of National Defence and the U.K. Ministry of Defence. Meanwhile, in addition to strong defence…