 as the preferred supplier for its Patrol Submarine Project, Prime Minister){kind=link}
Canada has selected Germany’s ThyssenKrupp Marine Systems to build up to 12 submarines
July 7, 2026: Canada has selected Germany’s ThyssenKrupp Marine Systems (TKMS) as the preferred supplier for its Patrol Submarine Project, Prime Minister Mark Carney announced on Monday. The agreement, described as the largest defence procurement in Canadian history, will see TKMS build up to 12 conventionally powered submarines after defeating South Korean shipbuilder Hanwha Ocean in the bidding process. While the Canadian government did not disclose the contract value, reports estimate it could be worth around €20 billion.
The submarines, based on the 212CD model jointly developed for the German and Norwegian navies, are designed for long-range operations, stealth capabilities and advanced weapons systems. The vessels will be manufactured at TKMS shipyards in Kiel and Wismar, Germany, creating up to 1,500 jobs. Canadian officials said the first submarines are expected to enter service by 2035, significantly enhancing the Royal Canadian Navy’s capabilities and strengthening maritime security.
German Chancellor Friedrich Merz and Defence Minister Boris Pistorius welcomed the agreement, calling it a major step for European and transatlantic security. Canada said the project would expand defence cooperation with Germany and Norway while improving NATO’s strategic presence in the North Atlantic and Arctic regions. The announcement comes ahead of the NATO summit, where increased defence spending and alliance security are expected to dominate discussions.