Canada welcomes a $1 billion deal with Germany in defense procurement
Canadian Minister of International Trade, Maninder Sidhu, welcomed the signing of a government contract between the Canadian Trade Corporation and the Federal Office for Military Equipment, Information Technology and In-Service Support of the German Army, with the aim of providing the German Navy with a combat management system developed by Lockheed Martin Canada.
A Canadian government statement stated that the value of the agreement is expected to exceed one billion dollars, which will enhance cooperation between Canada and Germany in the field of defense procurement.
The Canadian and German navies will be able to enhance the level of operational cooperation, which will contribute In enhancing the security of the two countries.
This government contract is an important step in renewing defense and security relations between the two countries, and represents a tangible step within the security and defense partnership between Canada and the European Union.
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