Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Wednesday, February 26, 2014

Saudi Arabia, Canada Sign Landmark US$10B Military Vehicle Deal

LONDON, Ont. - General Dynamics Land Systems - Canada has signed a contract worth at least US$10 billion to supply armoured vehicles and equipment, training and support services to Saudi Arabia.

The federal government said Friday that the 14-year contract will create and sustain more than 3,000 jobs in Canada.

It was negotiated through the Canadian Commercial Corp., Ottawa's international government-to-government contracting organization.

If fully exercised, the value of the contract would rise to about US$13 billion, General Dynamics said in a regulatory filing.

Delivery of the first vehicles under is expected in 2016.

"This latest contract confirms our position as a leading armoured vehicle designer and manufacturer in the world," said company vice-president Danny Deep.

Trade Minister Ed Fast called the contract the largest advanced manufacturing export contract in Canadian history.

"Supporting Canadian manufacturers, their workers and their suppliers as they seek out new markets for their products around the world is a primary focus of our Conservative government's efforts," Fast said.

The contract with the Saudis follows an agreement last year that saw the General Dynamics operations in London, Ont., win a US$65.3-million contract with the Colombian government.

The Colombian Ministry of National Defence signed a deal to buy 24 light armoured vehicles from General Dynamics.

General Dynamics Land Systems - Canada also signed a US$24-million deal last year to produce 13 light armoured vehicles for the U.S. Marine Corps.

Original Article
Source: huffingtonpost.ca/
Author: CP

No comments:

Post a Comment