Ottawa to spend almost $2B over 4 years to buy 190…


Canada will spend almost $2 billion over four years on 190 armoured combat support vehicles that will be built by London, Ont.-based General Dynamics Land Systems-Canada, Prime Minister Mark Carney announced on Thursday. 

Speaking in the southwestern Ontario city, Carney told reporters that the new vehicles will boost Canada’s fleet of armoured combat support vehicles to 550 and will serve as key military assets for “decades to come.”

“Today’s announcement is our defence industrial strategy in action. Our bold plan to get our Armed Forces what they need, when they need it, to scale Canadian defence companies and to put hundreds of billions of dollars to work in the strategic sectors of our economy. We have a simple framework: build, partner, buy,” Carney said. 



Source link

  • Related Posts

    Carney’s investment summit draws protests by Indigenous leaders, eco groups

    Demonstrators, including labour unions, Indigenous leaders and climate and housing advocates, are mobilizing against the event and plan to protest outside the summit’s opening gala later today. Prime Minister Mark…

    Continue reading
    Ottawa says it ended refugee residency sponsor exemption over ‘integrity concerns’

    The temporary policy, which was introduced in 2019 and ended on Sept. 10, allowed certain refugees to sponsor family members who were not initially declared on their own applications. A…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    OpenAI CEO calls for AI pacing as Trump insists he’s not downplaying risk

    OpenAI CEO calls for AI pacing as Trump insists he’s not downplaying risk

    Valve had next-gen VR ‘headsets ready three, four years ago and they were big, bulky devices’ but went back to the drawing board after actually putting them on

    Valve had next-gen VR ‘headsets ready three, four years ago and they were big, bulky devices’ but went back to the drawing board after actually putting them on

    New York Seizes a Dozen Celebrity Deepfake Websites

    New York Seizes a Dozen Celebrity Deepfake Websites

    Air Canada Aeroplan: Everything to know about earning and redeeming points

    Air Canada Aeroplan: Everything to know about earning and redeeming points

    Is AI Leveling the Playing Field? Fintech AI Visibility Study Says Yes

    12 Favorites From Boden’s Fall Collection

    12 Favorites From Boden’s Fall Collection