Canada Picks Germany's TKMS to Build 12 Submarines
The deal could cost up to $100 billion and is expected to create more than 100,000 jobs, officials said.
- On Monday, Canada selected Germany's Thyssenkrupp Marine Systems to build a new submarine fleet, concluding an intense year-long competition against South Korea's Hanwha Ocean.
- Canada's aging Victoria-class submarines face retirement in the mid-2030s, necessitating a new fleet capable of operating under ice to secure coastlines amid increasing Russian and Chinese activity in the Arctic.
- Prime Minister Mark Carney's industrial strategy emphasizes a "build, partner, buy" approach to gain domestic investment, with estimates suggesting the deal could top $100 billion over decades including support and maintenance.
- Carney will announce the decision Monday before heading to the North Atlantic Treaty Organization summit in Turkey, as German officials called the TKMS offer "unbeatable" while Canada targets 5% gross domestic product defense spending by 2035.
- The procurement represents a significant shift in military strategy, aiming to bolster domestic capabilities in artificial intelligence and steel manufacturing while deepening defense ties with European allies.
215 Articles
215 Articles
Canada equips itself with twelve state-of-the-art submarines from German production: Type 212CD from ThyssenKrupp Marine Systems (TKMS) is intended to inherit Canada's maraudous British diesel submarines. The order volume is estimated at up to 61 (!) billion euros for the entire life of the submarines. But why did the choice of submarines from Germany fall? A look at the technology provides answers.
derwesten.de
Canada is awarding a gigantic arms project to a German company. Up to twelve new submarines will be built for the NATO partner in the future.
Canada has taken a decisive step in the renewal of its underwater capacity by selecting the German consortium Thyssenkrupp Marine Systems (TKMS) as the...
B.C. shipyard ready to deliver on new navy submarines - Creston Valley Advance
After a lengthy battle between two companies for the contract to build 12 new submarine for the Canadian Patrol Submarine Project (CPSP), the federal government announced Germany’s ThyssenKrupp Marine Systems (TKMS) will be the strategic build partner for the next era of Canadian military technology. In support of Canada’s defence industrial strategy, Seaspan and TKMS signed a teaming agreement in support of the project in January. Seaspan is th…
B.C. shipyard ready to deliver on new navy submarines - Grand Forks Gazette
After a lengthy battle between two companies for the contract to build 12 new submarine for the Canadian Patrol Submarine Project (CPSP), the federal government announced Germany’s ThyssenKrupp Marine Systems (TKMS) will be the strategic build partner for the next era of Canadian military technology. In support of Canada’s defence industrial strategy, Seaspan and TKMS signed a teaming agreement in support of the project in January. Seaspan is th…
B.C. shipyard ready to deliver on new navy submarines - Vanderhoof Omineca Express
After a lengthy battle between two companies for the contract to build 12 new submarine for the Canadian Patrol Submarine Project (CPSP), the federal government announced Germany’s ThyssenKrupp Marine Systems (TKMS) will be the strategic build partner for the next era of Canadian military technology. In support of Canada’s defence industrial strategy, Seaspan and TKMS signed a teaming agreement in support of the project in January. Seaspan is th…
Coverage Details
Bias Distribution
- 38% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
