MacKay announces $9.3M arctic vessel study

Filed under Investor Central

Defence Minister Peter MacKay has announced another step in the national shipbuilding procurement strategy. It’s a step his staff said marks a milestone in the evolution of the shipbuilding plan.


The government is awarding a $9.3 million contract to the Irving-owned yard, to study the designs of arctic patrol vessels.


The defence minister said this contract allows the Halifax shipyard to devise a construction plan for the patrol ships.


The opposition has publicly questioned recently, whether the shipbuilding process was falling victim to federal budget cuts.

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