Canada says will scrap C$2 billion plan to buy armored vehicles

Fri Dec 20, 2013 11:10am EST
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OTTAWA Dec 20 (Reuters) - The Canadian military said on Friday it was scrapping a C$2 billion ($1.9 billion) plan to buy 108 large armored vehicles for land forces, in part because the equipment was no longer needed.

The three companies in the running were France's Nexter, Britain's BAE Systems Plc and General Dynamics Corp's Land Systems unit.

The Canadian Broadcasting Corp. first reported the news late on Thursday.