Highlights / Surface Combatant Ship

Politics

Canada’s new warships to cost up to $14B more than projected, says PBO

The new generation of Canadian warships is expected to cost the federal treasury up to $14 billion more than the government projected in 2017, according to the latest report by the independent Parliamentary Budget Officer. The updated cost estimate of »

Politics

Lockheed Martin selected as preferred designer for Canada’s next generation of warships

The federal government is giving a consortium led by U.S. defence giant Lockheed Martin the first crack at inking a contract to design Canada’s $60-billion fleet of next generation warships, officials announced Friday. Government officials say the group’s proposed BAE »