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.