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Canada To Incur Billions In Losses If Saudi LAV Deal Is Terminated, GD Says

By Matthew Beinart

Monday, December 17th, 2018

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Canada To Incur Billions In Losses If Saudi LAV Deal Is Terminated, GD Says

Canadian Forces LAV

The Canadian government is considering terminating an armored vehicle deal with Saudi Arabia, and manufacturer General Dynamics [GD] on Monday said the decision could cost the country billions in losses. Prime Minister Justin Trudeau announced Sunday he is looking into ending the potentially $13 billion deal to deliver General Dynamics Land Systems-Canada’s (GDLS-C) LAV fighting vehicles to Saudi Arabia as Riyadh faces continued pressure for its actions in Yemen and the murder of journalist Jamal Khashoggi.“We are continuing to execute…

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