February 14, 2014 / 4:53 PM / in 4 years

General Dynamics wins Canadian order worth up to $13 bln

WASHINGTON, Feb 14 (Reuters) - U.S. weapons maker General Dynamics Corp said on Friday it had won a contract valued at up to $13 billion from the Canadian government to build military and commercial vehicles for an international customer.

General Dynamics said the 14-year contract had an initial value of $10 billion, but could be worth up to $13 billion if all options were exercised.

The company did not identify the customer, but Canadian Trade Minister Ed Fast issued a statement saying the vehicles would be sold to Saudi Arabia. He described the deal as the largest export win in Canada’s history.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below