August 23, 2008
GOC Cancels New Vessel Acquisitions
Late on Friday the Canadian Government released a bombshell that the Navy’s project to replace the aging supply ships has been cancelled. Also cancelled is the Coast Guard’s tender to build 12 midshore patrol vessels. This is fairly staggering news. Millions have been spent in the planning, design and the now aborted acquisition of the ships.Instead of buying, say one...