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DEW Engineering and Development ULC

DEW Engineering and Development and BAE Systems Bofors Sign Letter of Intent to Enter Into Teaming Agreement for Canadian Opportunities

Ottawa, Canada (ots/PRNewswire)

DEW Engineering and
Development ULC of Ottawa, Ontario and Miramichi,  New Brunswick is
pleased to announce the recent signing of an Agreement with  BAE
Systems Bofors of Karlskoga, Sweden. The result of such a Teaming
will be  to provide a complete "Team Canada" approach to the
production of the Bofors  LEMUR Remote Weapons System (RWS) for
Canadian programs.
With the recent Canadian Forces announcement to move forward with
CDN$5.2 billion in vehicle upgrade and acquisition projects, part of
this will  require enhanced firepower. The proposed Bofors LEMUR is a
family of RWS from  5.56 to 25/30 mm that will provide this added
capability. This family also  has a high degree of commonality and
interchangeability which is ideal for  long term support across the
product range.
The Bofors division of BAE Systems has an over 350 year history
and has the distinction of having had Alfred Nobel as a former owner.
Since the late 1800's they have been manufacturing superior weaponry.
DEW Engineering has supported the Canadian military since 1978
for many of the major trailer, vehicle and shelter re-life, re-role
and acquisition programs with its development and manufacturing
capabilities.
DEW is fully committed to Canada's Industrial and Regional
Benefit  policy which requires 100% direct and indirect Canadian
Content. DEW sees  this new relationship with BAE Systems Bofors as a
way to not only provide  an improved product to the Canadian forces,
but also to maintain Canadian  jobs. As expressed by Craig Campbell,
DEW's Vice President of Business  Development, "DEW is pleased to
continue to expand and diversify our  capabilities and experience.
The agreement reached between DEW and BAE  Systems Bofors will
provide growth and stability for DEW employees now and  in the
future."
For further information: Jackie Pothier, Director Business
Development, telephone +1-613-736-5100 Ext 160 or visit our website
at   http://www.dewengineering.com/

Contact:

For further information: Jackie Pothier, Director Business
Development, telephone +1-613-736-5100 Ext 160