The Government of Canada has awarded a C$500 million (US$375 million) contract to Nova Scotia-based Irving Shipbuilding to carry out maintenance work on the Royal Canadian Navy's 12 Halifax-class frigates.
The initial five-year contract guarantees a minimum of three frigates for the shipyard, with work planned to begin in the early 2020s. The contract is expected to rise in value as additional work packages are added.
With the awarding of additional contracts over time, Irving is expected to provide maintenance for the Halifax-class ships up until their scheduled retirement in the early 2040s.