Launched in January 2019, the ATT programme’s initial C$19m phase is anticipated to be completed in 2023.
Under the contract, Magellan will be responsible for the design and development of the SeaSpider ATT rocket motor and warhead sections of the torpedo.
The work includes design, build, test, and product qualification.
SeaSpider is designed for integration into surface vessels and submarines to detect and destroy incoming torpedoes by explosive or kinetic force.
It will leverage Atlas’s expertise in naval systems and torpedoes, as well as Magellan’s rocket technology.
Magellan Aerospace business development, marketing and contracts vice-president Haydn Martin said: “The partnership between Atlas and Magellan will bring to market an innovative new torpedo defence system that will be the first of its kind in this growing market segment.
“We welcome the opportunity to collaborate in this exciting new endeavour with Atlas Elektronik.”
Earlier this month, Atlas announced that it recently completed sea trials of the SeaSpider in the Baltic Sea.
The company performed the trials in partnership with German Bundeswehr Technical Center for ships and naval weapons, maritime technology and research (WTD 71).
Atlas tested the full ‘sensor to shooter’ functional chain of a hard kill surface ship torpedo defence system during the sea trials.
Powered by solid propellant rocket propulsion system, SeaSpider offers robust performance in all kinds of environments, including both deep and shallow water, the firm noted.
In June 2016, Atlas partnered with Magellan to co-develop the rocket motor and warhead sections of the SeaSpider ATT.