18 May 2007

Leo 2s to cost $1.3 billion

New Leopard 2 tanks will cost the Government of Canada $1.3 billion for acquisition and lifecycle costs over 20 years according to defence minister Gordon O'Connor.

O'Connor revealed the new cost - double the amount previously announced - in testimony before a House of Commons committee on Thursday evening.

No reason has been given by the minister or his department for breaking with past practice and not announcing the total cost for the new acquisition. In previous purchases, purchase costs as well as lifecycle costs were provided at the same time.

-srbp-