German submarines

Canada Chooses German Submarines for Navy Fleet

German shipbuilder ThyssenKrupp Marine Systems (TKMS) has been selected as Canada’s preferred choice for a multibillion-dollar defense program to build the Royal Canadian Navy’s new fleet of submarines. This significant procurement, expected to be the largest in Canadian history, will involve negotiations for up to 12 submarines, aiming to replace the aging Victoria-Class fleet. The decision, made over South Korea’s Hanwha Ocean, emphasizes building Canadian industrial capacity and strengthening geopolitical ties. While a final contract is pending, the government anticipates signing it by next year, with the potential for accelerated delivery timelines and substantial economic benefits for Canada.

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German Submarine Bid Promises Massive Economic Boost and Jobs

Should Canada opt to purchase the German-made Type 212CD submarine, an estimated 50,000 jobs could be created over the next five years. This potential economic boost includes an $86-billion contribution to Canada’s GDP and over 654,000 job-years of employment, stemming from investments by the German government and ThyssenKrupp Marine Systems (TKMS). The proposal also outlines the establishment of two maintenance facilities on Canada’s coasts, manufacturing centers for torpedoes and anti-torpedo systems, and the potential for a hypersonic missile facility. Beyond military contributions, the German government proposes significant investments in Canadian infrastructure, including the Port of Churchill and a carbon capture facility in Alberta.

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