Prime Minister Mark Carney announced Ottawa has selected German defence company ThyssenKrupp Marine Systems (TKMS) as the preferred bidder to build Canada’s next fleet of submarines.
Speaking in Halifax on July 6, Carney said Canada intends to procure up to 12 Type 212CD submarines from TKMS, with the federal government now entering contract negotiations with the company. He said those negotiations are expected to take several months.
Carney had announced nearly a year ago that the field of submarine bidders had been narrowed to the German-designed Type 212CD and the South Korean KSS-III. Both the bidders had until the spring of 2026 to submit their detailed bids….