
Company News
Conestoga Capital sold 3.9 million shares of CCC Intelligent Solutions, reducing its stake to 10.6 million shares. The sale comes amid industry challenges, including lower insurance claims and macroeconomic uncertainty, while the company continues to show revenue growth.
CCC secured a U.S. Department of Defense contract for Viable Power Conversion Technologies to provide power supply units for U.S. Navy ships' Identification Friend or Foe detection systems, highlighting Canadian military technology expertise.
CCC has obtained a contract from the U.S. Department of Defense to supply Viable Power's custom power conversion units to the Naval Air Warfare Center, supporting military energy systems with high-reliability solutions.
CCC Intelligent Solutions reported Q2 2025 financial results with 12% revenue growth to $260.5 million, exceeding analyst estimates. The company saw solid topline performance but experienced challenges with free cash flow and net income due to strategic acquisitions and investments.
CCC, Canada's government-to-government contracting agency, has signed a Memorandum of Understanding with UK Export Credit Finance to deepen industrial partnerships between Canadian and UK companies in various sectors, including aerospace, defense, infrastructure, clean energy, and IT.

