Breaking News
Investing Pro 0
Free Webinar - Master High-Probability Trades! | Tuesday, March 21, 2023 | 11:00AM PST Enroll Now

Hundreds more Canada-made armoured vehicles to arrive in Ukraine by summer

Stock Markets Jan 19, 2023 10:18PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. An employee works on the Senator APC at vehicle manufacturer Roshel after Canada's defence minister announced the supply of 200 Senator armored personnel carriers to Ukraine, as part of a new package of military assistance, in Mississauga, Ontario, Canada
 
F
+4.25%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Kyaw Soe Oo

MISSISSAUGA, Ontario (Reuters) - A Canadian company supplying battle-ready armoured vehicles to Ukraine plans to deliver the 200 vehicles Ottawa promised to Kyiv before summer, the firm's Chief Executive Officer Roman Shimonov said on Thursday.

Canadian Defence Minister Anita Anand visited Kyiv to meet Ukrainian officials on Wednesday and announced the supply of 200 Senator armoured personnel carriers to Ukraine, as part of its latest military assistance package.

Ontario-based Roshel Inc builds armoured vehicles for government and commercial organizations, including the U.S State Department and the National Aeronautics and Space Administration (NASA).

Its Roshel Senator armoured personnel carriers, built on Ford Motor (NYSE:F) Co's F-550 large pickup truck chassis with ballistic steel and fitted with mine-protection seats and other safety features, has been used by Ukrainian soldiers in their defence against the Russian invasion that began last February.

"Ukraine right now is in full-scale war ... and they have to have a way to transport their personnel safely, and our vehicle provides them with this solution," Shimonov said.

The Senators can be used be used as a medical evacuation vehicle or as a tactical combat vehicle, he said.

The company has established a "sophisticated" secure supply chain and has been shipping a few armoured vehicles every day, Shimonov said in an interview at Roshel's assembly plant in Mississauga.

Canada has provided Ukraine with billions of dollars in aid, including over C$1 billion in military supplies. Shimonov declined to share details, but said Ottawa's order of 200 armoured vehicles for Ukraine is expected to be delivered by summer.

Hundreds more Canada-made armoured vehicles to arrive in Ukraine by summer
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email