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03:53 PM, August 18, 2017
Thales Wins Maintenance For Canada navy Ships
An Arctic and offshore patrol vessel in icy waters. (Image for representation only)

Thales has won a US$635 million ( $800 million CAD) contract to service Canada’s new fleet of Arctic offshore patrol ships and joint support vessels for initial eight years.

Thales has been awarded In-Service Support (ISS), refit, repair, maintenance and training to both Arctic and Offshore Patrol Ships (AOPS) and Joint Support Ships (JSS).

The contract includes an initial service period of eight years for up to $800 million CAD (approx. €540 million) with options to extend services up to 35 years, for a total value of $5.2 billion CAD[1] (approx. €3.5 billion), making it the largest ISS contract in Canadian history.

Thales is prime contractor for ISS for both the Arctic Offshore Patrol Ships and the Joint Support Ships. Estimated value of the 35-year contract is $5.2 billion CAD (approx. €3.5 billion).

This contract will generate economic benefit of more than $250 Million CAD (approx. €170 M) in Research & Development.

Thales has also provided ISS to navies in Singapore, New Zealand, USA, Saudi Arabia, the UAE, Bahrain, Papua and New Guinea, and Tonga.

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