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Lockheed Martin Canada is a highly diversified global enterprise principally engaged in the research, design, manufacture and integration of advanced technology products. The company's product line includes air integration, repair and overhaul and production of defence electronics. However, its continuing role as the Canadian Navy's combat systems integrator is its largest source of business. The company is the OEM, integrator and maintainer of the combat systems aboard the Canadian Patrol Frigates and Iroquois Class Destroyers and is responsible for the Operations Room Team Trainer located at Canadian Forces Base Stradacona. It has a similar role on-board the Chicoutimi.

Other company capabilities include the integration and management of complex computer-based electronic systems; the design and manufacture of military-standard computers,electronic warfare, sonar and security systems; and the provision of life cycle support for major platforms.