Canada Submarine Deal
Past coverage from 0 countries · Last active Jul 7, 2026
This topic isn't active right now. Last covered Jul 7, 2026. See today's headlines.
Canada has awarded a multi-billion dollar contract to Germany's TKMS for up to a dozen submarines, selecting them over South Korea's Hanwha Ocean. German officials hailed the deal as beneficial for the economy and NATO security.
Canada submarine deal slips away from South Korea's Hanwha Ocean
- South Korea's Hanwha Ocean lost a bid to supply submarines to Canada, with Germany's TKMS selected as the preferred negotiator. - Canadian Prime Minister Mark Carney announced the decision for the $60 billion Canadian Surface Combatant project. - The loss highlights the need for South Korea to move beyond cost-effectiveness towards strategic alliances and local development in the defense industr…
Canada's submarine deal good for German economy, chancellor says
- Canada selected Germany's TKMS to build up to 12 submarines, a deal hailed by German leaders as beneficial for the economy and NATO security. - Chancellor Friedrich Merz stated the decision signals …
Canada's submarine decision is great news, says German official
- German Minister President Daniel Günther welcomed Canada's decision to purchase German submarines from Kiel-based shipbuilder TKMS. - Günther emphasized the strategic importance of the deal, especia…
Canada Orders German Submarines in Multi-Billion Dollar Deal
- Canada is set to purchase up to twelve submarines from German manufacturer TKMS. - The multi-billion dollar deal was announced by Prime Minister Mark Carney ahead of the NATO summit. - The contract …
Canada Awards German Firm Multi-Billion Euro Submarine Contract
- Canada awarded German shipbuilder ThyssenKrupp Marine Systems (TKMS) a multi-billion-euro contract for up to a dozen submarines. - The deal, worth an estimated €20 billion ($22.8 billion), is Canada…
Canada picks Germany’s TKMS for new submarines
- Canada has selected Germany's TKMS to build up to 12 new submarines, marking its largest defense procurement in history. - The German-owned naval shipbuilder partnered with Norway for the bid, surpa…
Canada picks German firm for up to 12 submarines in largest military deal
- Canada has selected Germany's ThyssenKrupp Marine Systems as the preferred supplier for up to 12 submarines. - Prime Minister Mark Carney called the procurement Canada's largest-ever military purcha…
