Flowing River Capital and Marshall Land Systems Mark New Chapter in Indigenous-Owned Defence Leadership
Press Release






Moncton, New Brunswick – January 20, 2026 – To celebrate Flowing River Capital Partners’ acquisition of Marshall Land Systems, the two companies came together at Marshall Land Systems’ 82,000 sq. ft. production facility in Moncton to mark the beginning of a new chapter under Indigenous Canadian ownership.
The acquisition represents a milestone in Indigenous economic reconciliation and establishes Marshall Land Systems as the largest Indigenous-owned defence company in Canadian history.
Indigenous Canadian ownership grows the country’s defence industrial base, contributing to sovereign capability while strengthening the national economy, building long-term prosperity in Atlantic Canada, and supporting transformative changes for Indigenous communities.
Flowing River Capital and Marshall Land Systems confirmed their clear intention for growth, creating skilled jobs, and generating long-term economic benefits as part of their broader international growth strategy. The acquisition will also open pathways for Indigenous youth and workers to pursue careers in defence, engineering, and skilled trades.
The event brought together federal, provincial, and municipal representatives, Indigenous leaders, defence stakeholders, and employees to celebrate the strategic significance of the acquisition and its importance to Canada’s defence industrial base.
Quotes
Speaking at the event, representatives from both organisations emphasised that reconciliation is not symbolic, but economic and operational.
“Flowing River Capital’s ownership reflects an Indigenous approach to long-term stewardship and value creation. We are committed to deepening investment in Marshall Land Systems’ people, capacity, and capabilities—while creating lasting economic and social benefits for Indigenous communities. This is more than a business transaction; it is a long-term commitment to strengthening Canada’s sovereignty and advancing Indigenous prosperity.”
Thomas Benjoe, CEO, Flowing River Capital Partners
“Under new ownership, Marshall Land Systems will continue to deliver world-class capability, operational excellence, and mission-readiness to the Canadian Armed Forces and its NATO allies. As CEO, I am excited and optimistic about this transition and the opportunities for growth as we enter this new chapter in our company’s story.”
Gareth Williams, CEO, Marshall Land Systems
“As a trusted partner of the Canadian Armed Forces, Marshall Land Systems remains committed to operational excellence and mission readiness—delivering the highest quality solutions for some of the most extreme environments on the planet, including those capabilities that Canada needs to secure its Arctic and protect the North.”
Alain Gauthier, VP – North America, Marshall Land Systems
ABOUT
Flowing River Capital supports Indigenous economic reconciliation through the deployment of long-term capital and expert strategic direction in diverse industries, including manufacturing, agriculture, technology, professional services, industrial and resource sectors. flowingrivercapital.ca
Marshall Land Systems is a Canadian-owned global company with a unique pedigree of British engineering excellence. From its origins in Cambridge, UK through more than a century of innovation, pioneering advances from the nose of Concorde to the early Hydrogen fuel cell technology that ultimately powered the moon landings, Marshall engineers now continue to innovate specialist vehicles and infrastructure for NATO forces across the world.
From bomb disposal vehicles to deployed shelters, from command and control to CT scanners on the battlefield, Marshall Land Systems protects people in critical situations with the very best in engineering. It employs over 600 people with major facilities in the UK, Canada, and the Netherlands. marshalllandsystems.com



Mr. McMullen, please desist from impugning Indigenous peoples, particularly the Mi’kmaq perhaps? Use your democratic vote next election to try to cause change to your liking; I doubt you will succeed.
I’m sure most other Canadians are concerned with other national and global issues - perhaps you can think of some - and not your continued subjugation of any people in Canada.
Economic reconciliation now? An interesting euphemism for the abuse of taxpayer funds foe further setting Indian tribes above other Canadians.