Canada Awards $307M Rifle Contract to Colt Canada
Edmonton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Liberal government has awarded a $307 million contract to Colt Canada for 65,402 new rifles, replacing the armys old C7 and C8 models. This deal will boost hiring at the Kitchener plant and contribute $10 million annually to Canadas economy. The Defence Investment Agency, criticized for redundancy, is speeding up procurement processes. Looking ahead, a multibillion-dollar submarine deal is in the works, with bids from German-Norwegian and South Korean teams.
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