February 15, 2014 armyrecognition.com
General Dynamics of Canada has received a new contract to sell armoured vehicles LAV to Saudi Arabia. The sale was secured with the help of the Canadian federal government for a total amount of $10 billion. The deal was announced Friday, February 14, 2014, by International Trade Minister Ed Fast at the London, Ont., plant of General Dynamics Land Systems.
The Company is a subsidiary of General Dynamics United States with offices based in Canada. Delivery of the first vehicles is expected in 2016.
The total number of LAV vehicles sold to Saudi Arabia was not being revealed, but documents filed in the U.S. by General Dynamics Land System Canada put the contract at between $10 billion and $13 billion.