Canada Selects German Firm TKMS for Submarine Fleet Upgrade

submarines defense procurement TKMS

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Canada has chosen Germany's TKMS to build up to 12 submarines, marking its largest defense procurement.
The deal, valued between $14bn and $21bn for the subs alone, aims to replace aging vessels and enhance strategic capabilities.
The first four submarines are expected by 2034.

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Canada has chosen Germany's TKMS to build up to 12 submarines, marking its largest defense procurement. The deal, valued between $14bn and $21bn for the subs alone, aims to replace aging vessels and enhance strategic capabilities. The first four submarines are expected by 2034.

Read the full article on Al Jazeera

Canada has chosen ThyssenKrupp Marine Systems (TKMS) as the preferred supplier for its Patrol Submarine Project, a deal potentially worth billions of euros for up to a dozen submarines. Prime Minister Mark Carney announced the selection, calling it the largest defense purchase in Canadian history, ahead of the NATO summit in Ankara.

Deutsche Welle

BREAKING·2h ago

Canada to Buy Submarines from German Firm ThyssenKrupp Marine Systems

Canada announced a historic deal to acquire up to a dozen submarines from Germany's ThyssenKrupp Marine Systems, which won the lucrative contract over South Korea's Hanwha Ocean. The announcement precedes a NATO summit in Ankara and follows US pressure on allies to increase defense spending.

Deutsche Welle

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Developing·5h ago

Canada Selects German Consortium for Submarine Deal, Deepening NATO Ties

Canada has chosen a German consortium led by ThyssenKrupp Marine Systems (TKMS) to build 12 new submarines, a contract worth over $12 billion. This deal aims to replace aging vessels and enhance Canada's Arctic presence, strengthening its NATO commitments ahead of a key summit.

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