Ottawa has launched a new agency aiming to speed up defence purchases for the Canadian Armed Forces and the Canadian Coast Guard.
The new Defence Investment Agency seeks to streamline the procurement process by eliminating redundancy and red tape, while expediting defence purchases through a centralized review and approval system, according to the Prime Minister’s Office (PMO).
“Canada’s defence procurement is currently fragmented across several departments, slow to consult industry, and too complicated to respond to rapidly evolving military needs–leaving the Canadian Armed Forces waiting years, sometimes decades for critical equipment,” the PMO said in an Oct. 2 news release announcing the launch of the new agency….