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Canada selects Germany's ThyssenKrupp to build 12 submarines as it boosts NATO spending
AP News • • world
Key Points:
- Canada has selected Germany’s ThyssenKrupp Marine Systems (TKMS) as the preferred supplier for up to 12 new submarines, marking the country's largest-ever military procurement.
- The submarines chosen are optimized for Arctic waters and NATO interoperability, with deliveries expected to start by 2034, replacing Canada’s aging Victoria-class submarines.
- The project involves an investment of tens of billions of dollars, with Canada planning to increase defense spending to 5% of GDP by 2035, surpassing NATO targets.
- TKMS was chosen over South Korea’s Hanwha Ocean, with no U.S. bids submitted due to Canada’s preference for conventionally powered diesel-electric submarines rather than nuclear-powered ones.
- The procurement signals a strengthening of transatlantic and European partnerships, as the submarines are jointly designed by Germany and Norway and are already used by many NATO members.
