General Dynamics Wins $10 Billion LMV Manufacturing Export Contract

General Dynamics, Canada has won a $10 billion export contract from the government of Saudi Arabia to design and develop Light Armoured Vehicles.

The announcement was made in London, Ontario, where the Light Armoured Vehicles will be manufactured, and which will become the epicentre of a cross-Canada supply chain directly benefiting more than 500 local Canadian firms.

This 14-year contract will create and sustain more than 3,000 jobs each year in Canada, with southern Ontario accounting for approximately 40 percent of the supply base.

“Our government is focused on creating good jobs and opportunities for Canadian workers and their families. This landmark contract win will create thousands of advanced manufacturing jobs and new sources of prosperity throughout southern Ontario and every region of Canada. Our government will continue to support our exporters and manufacturers to create jobs, as part of our government’s most ambitious pro-trade, pro-export plan in Canadian history,” said Ed Fast, Minister of International Trade.

“This latest contract confirms our position as a leading armoured vehicle designer and manufacturer in the world and a Key Industrial Capability in Canada. This is a testament to the skills and quality of work that exist in Canada today. In addition, we are grateful for all of the assistance provided by the Government of Canada. The whole-of-government approach to export sales gives us a strategic advantage as we pursue international markets,” said Danny Deep, Vice President, General Dynamics Land Systems - Canada.