Canada selects German-led consortium to build 12 submarines in major defence deal
Canada has selected a German-led consortium to build 12 new submarines in one of the country's largest defence contracts. Prime Minister Mark Carney announced the decision on Monday after a closely fought competition between ThyssenKrupp Marine Systems and South Korea's Hanwha Ocean. The deal is intended to replace Canada's ageing submarine fleet and strengthen the Royal Canadian Navy's capabilities.The winning bid comes from ThyssenKrupp Marine Systems, which is described as the largest manufacturer of non-nuclear submarines and a key supplier to NATO's fleet. Canada had previously said both the German 212CD model and Hanwha's KSS-III Batch-II submarine met its military... [Continue Reading]
360LiveNews | 06 Jul 2026 18:04 LONDON
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