Canada to Buy Air Strike Weapons from RTX Corp. (RTX) for $2.68 Billion
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Canada plans to purchase an air strike weapons system from RTX Corp. for $2.68 billion, with Boeing as a principal contractor. The U.S. State Department has approved the sale, marking a significant arms transfer between the U.S. and Canada, both NATO and NORAD partners. This purchase is part of Canada's effort to increase defense spending to meet NATO's 2% GDP target, requiring an additional $10-13 billion annually. Canada is also hiring 7,000 more soldiers to reach a full force of 71,500 personnel.
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