Gains tied to engineering biz

Calian Technologies Ltd. finds increased business within its systems engineering division in Q4 leading to significant gains in earnings and sales. The Kanata-based staffing and engineering company, founded by Mayor Larry O’Brien, raised overall revenue by 33% to $45.7 million and recorded $2.1 million ($.26 cents per share) in net earnings, $300,000 more than it earned in the same period last year. “The diversity of our service offerings once again paid dividends as we experienced a mixture of highs and lows within the various operating segments,” says Ray Basler, Calian’s CEO, noting that the firm’s engineering division has performed particularly due to continued project success and contract wins for the company’s core satellite sector business.

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