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Or sign-in if you have an account.Prime Minister Mark Carney poses with London Mayor Josh Morgan following a press conference at General Dynamics Land Systems in London, Ont. on Thursday, July 16, 2026. Photo by Geoff Robins/The London Free PressThe federal government will spend $2 billion over four years to expand the Canadian Armed Forces’ fleet of armoured vehicles by purchasing 190 from London-based General Dynamics Land Systems-Canada.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe vehicles, based on GDLS’ Light Armoured Vehicle 6.0 platform already widely used by the Canadian Army, will expand the military’s fleet to 550 from 360.The contract will also support about 6,000 jobs, most of them in the London region, over eight years, Prime Minister Mark Carney said Thursday.Breaking business news, incisive views, must-reads and market signals. 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Please try again“These vehicles are designed to keep soldiers protected, mobile, mission-ready in the most demanding environments,” he said. “Every single one will be built right here at GDLS Canada’s factory, right here in London.”The contract makes GDLS-Canada the first partner under the federal government’s new defence industrial strategy, an initiative designed to rebuild the Canadian military using domestic supply chains.The 190 vehicles are designed to protect against mines and enemy fire and will be used in training exercises at Canadian Armed Forces bases across the country, the government said.“Through this framework, we’re creating a pathway for Canadian companies like GDLS-Canada to work more closely with our government to build those sovereign capabilities: the armoured vehicles, the drones, the icebreakers, the equipment that our armed forces need,” Carney said.The contract is a significant boost for GDLS-Canada, which employs about 1,800 workers. It is also the latest in a series of federal defence announcements, including the selection of German shipbuilder ThyssenKrupp Marine Systems as the preferred supplier to build up to 12 submarines for the Royal Canadian Navy.Last fall, the federal government pledged $81.8 billion in defence spending over five years. Of that, $17.9 billion was earmarked to expand Canada’s military capabilities, including investments in logistics, light utility and armoured vehicles, counter-drone and long-range precision strike capabilities, and domestic ammunition production. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.