Canada picks German firm for new submarine fleet, South Korean competitor loses out
In a closely watched outcome, Canada on Monday chose a major German defence contractor over its South Korean competitor to build a US multibillion-dollar fleet of submarines, as mid-tier nations increasingly work together in the face of a less reliable United States.
Canadian Prime Minister Mark Carney said that Ottawa chose Thyssenkrupp Marine Systems (TKMS)’s package over Hanwha Ocean Company’s.
The move is expected to strengthen ties between Canada and Nato, which is holding a two-day summit...
Canada Picks Germany for Submarine Fleet
- Canada makes largest defence procurement deal in its history, citing 'dangerous and divided world' BBC News —
- Canada selects Germany's ThyssenKrupp to build 12 submarines as it boosts NATO spending The Independent —
- Canada selects German company to build submarine fleet as it boosts NATO spending PBS —
- Canada chooses Germany’s TKMS for landmark submarine contract Financial Times —
- Canada picks Germany’s TKMS to build ‘up to’ 12 submarines in largest Canadian defence purchase ever National Post —