Canada has chosen German shipbuilder ThyssenKrupp Marine Systems to construct up to 12 submarines, Prime Minister Mark Carney announced on July 6, in a move aimed at strengthening the country's Arctic foothold.
TKMS won the competition over South Korean rival Hanwha Ocean, with the contract valued at more than US$12 billion and a total bill potentially exceeding US$70 billion including maintenance. The vessels, based on the Type 212CD design already ordered by Germany and Norway, will be built in Kiel and Wismar, where TKMS plans to create up to 1,500 jobs. The first submarine is scheduled for delivery by 2033.
German Chancellor Friedrich Merz called the deal the beginning of a new era of cooperation between the three nations, with Norwegian firms supplying components and a joint maintenance center planned in Bergen. Contract details remain to be finalized.