Irving Shipbuilding

The Government of Canada spent an estimated $572.2M in 2021-2022 on contracts with Irving Shipbuilding.

Across 19 contracts active since the start of the 2017-2018 fiscal year, 8 have at least one amendment (42%). Of contracts with amendments, the average increase in dollar value was 537% and the average number of amendments was 3.12. Cumulatively these amendments represent an increase of $2.2B over the original contract values.

The average contract duration was 2.64 years, and the average contract value (not including contracts under $10k) was $311.4M. The longest contract was 13.76 years. The largest contract by value (including amendments) was $3.3B.