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Canada To Award General Dynamics Multi-Billion Dollar Deal For 360 New Light Armored Vehicles

Matthew Beinart By
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Canada To Award General Dynamics Multi-Billion Dollar Deal For 360 New Light Armored Vehicles
Canadian Forces Light Armored Vehicle (LAV) III. Photo: Canadian Army.

Canada on Friday announced a $2.3 billion deal to General Dynamics [GD] for delivery of 360 new combat support Light Armored Vehicles (LAV).  The sole-source contract to GD Land Systems-Canada, which is in the final stages of negotiations, also includes a $489.6 million loan from the Canadian government and covers infrastructure projects to house the new vehicles. “The LAV is essential to the Army’s combat fleet, and supports our women and men in uniform on a range of operations including…

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