Home/News Feed/Lorraine Ben joins Syntax Defence as Canada boosts defence spending over $500B in a decade Lorraine Ben, former CEO of Lockheed Martin Canada, has joined Syntax Defence to provide expert counsel amid Canada's commitment to invest over half a trillion dollars in defence over the next decade. This includes $180 billion in procurement opportunities for Canadian industry as Ottawa plans to increase defence spending to 5% of GDP by 2035 and establish a Defence Investment Agency. Ben's deep industry experience and insider knowledge will help Syntax clients navigate new defence procurement rules and decision-makers during this critical period. Her role strengthens Syntax's position as a key advisor in Canada's evolving defence sector.
Lorraine Ben's move to Syntax Defence comes as Lockheed Martin Corporation shares are actively traded on Pluang, where the stock price stands at USD 642.82 with a 1-day gain of 0.92% as of Nov 03, 2026 07:11 WIB. Despite strong institutional interest, Pluang order activity shows a majority of 81% Sell versus 19% Buy, reflecting a cautious stance among retail investors. The stock maintains a dividend yield of 2.26%, appealing to income-focused investors during this period of defence sector growth.