Published 15:18 IST, February 15th 2024
Canada plans investment of $202 mn in air defense systems
Canada plans investment of $202 mn in air defense systems
- Republic Business
- 1 min read
Defence Investment: Canada will invest C$273.5 million ($201.96 million) to procure air defense and anti-drone systems on an urgent basis to bolster the defense capabilities of armed forces deployed under NATO and to modernize its armed forces, Bill Blair, Minister of Defense, announced on Thursday.
The federal government will invest C$227.5 million to procure the RBS 70 NG short-range Air Defense System to provide air defense protection for troops deployed in Latvia, he said.
Canada will also acquire counter-drone equipment at a cost of C$46 million that will help around 1,000 Canadian Armed Forces (CAF) personnel serving NATO under operation 'REASSURANCE', he added.
The announcement comes on the backdrop of Blair's meeting with NATO defense ministers in Brussels.
The first systems are expected to be delivered later this year. Both systems are expected to strengthen the CAF's capabilities in countering any air assault by fighter aircraft, helicopters and uncrewed aerial systems, and will enable detection, identification, tracking and defeat of small drones.
Updated 15:18 IST, February 15th 2024