THE HALFAX HEIMDALL AUGUR

Canada picks Germany’s TKMS for new submarines The German-owned naval shipbuilder made the bid with NATO ally Norway, beating out South Korea's Hanwha Ocean.

South Korea loses Canada submarine deal but cements top-tier defence status South Korea may have lost Canada’s multibillion-dollar submarine order, but analysts say its close-run contest with Germany has handed Seoul a different prize: proof that it can challenge one of the world’s traditional undersea warfare powers on a stage watched closely by defence buyers. Canada chose Germany’s Thyssenkrupp Marine Systems (TKMS) as the preferred bidder for a programme worth about US$40 billion to build up to 12 diesel-electric submarines, along with long-term maintenance and...

ED Canada's submarine choice: alliances over merit? - The Korea Times Canada’s Prime Minister Mark Carney announces that Canada has selected Germany’s TKMS to build 12 submarines for its navy, at HMC Dockyard in Halifax, Nova Scotia, July 6. Yonhap Canada's decision to award its next-generation submarine program to Germany's Thyssenkrupp Marine Systems (TKMS) is more than the outcome of a commercial competition. It is a reminder that, in today's defense market, geopolitical alignment can outweigh technological capability, industrial competitiveness and delivery performance. For Korea, the result is disappointing. For the international defense industry, it raises broader questions about how open and competitive major procurement processes truly are. Canadian Prime Minister Mark Carney acknowledged that the choice was exceptionally close. Both TKMS and Hanwha Ocean, he said, satisfied the Royal Canadian Navy's operational requirements and submitted strong proposals. That admission is significant. It suggests that technical capability was not the decisive factor. Hanwha Ocean entered the competition with a compelling case. Its KSS-III Batch-II submarine represents one of the world…

Government picks Germany's TKMS to build Canada's new submarines ... Open this photo in gallery: Prime Minister Mark Carney, right, and Thyssenkrupp Marine Systems CEO Oliver Burkhardt, centre, tour a submarine-building facility in Kiel, Germany, on Aug. 26, 2025. Christinne Muschi/The Canadian Press Share Save for later Please log in to bookmark this story. Log In Create Free Account The Canadian government has selected Germany’s TKMS to build a fleet of submarines for this country, two sources say. The Globe and Mail is not identifying the sources because they were not authorized to speak publicly about the matter. Prime Minister Mark Carney will announce the government’s decision in Halifax Monday – the outcome of a high-stakes competition between Germany and South Korea for a lucrative contract to build 12 submarines for Canada. The purchase will give this country an unprecedented ability to patrol its coastal waters undetected. Mr. Carney had previously said the government would make its decision by the end of June, but didn’t specify an exact date. Open this photo in gallery: Prime Minister Mark Carney holds up a model submarine at Thyssenkrupp Marine Systems (TKMS), a subma…

After reports that Germany's TKMS won Canada's submarine order ... This article was translated by an AI tool. Feedback Here . On May 25 (local time), the Dosan An Chang-ho, the first domestically built submarine to cross the Pacific, is moored at the pier of the Canadian Navy’s Esquimalt naval base in Victoria. Yonhap News After a leading Canadian media outlet reported that the Canadian government had selected Germany’s ThyssenKrupp Marine Systems (TKMS) as the preferred negotiating partner for the Canadian Patrol Submarine Project (CPSP), sighs erupted across the domestic industry. However, there are also assessments that the government and Hanwha Ocean demonstrated formidable competitiveness against Germany, the strongest player in the global diesel-electric submarine market. A defense industry official said in a phone call on the 6th, “A very regrettable outcome,” adding, “I believe the government and Hanwha Ocean nevertheless did their best.” CPSP is a program under which the Canadian government will acquire up to 12 3,000-ton diesel-electric submarines to replace four Victoria-class submarines slated to retire in 2030. It is a large-scale project worth $45,000,000,000 (60,000…

Published 1:00 pm Tuesday, July 7, 2026 By News Staff Victoria Seaspan’s Victoria Shipyards is the only shipyard on the West Coast with experience and expertise in maintaining submarines. (Seaspan) After a lengthy battle between two companies for the contract to build 12 new submarine for the Canadian Patrol Submarine Project (CPSP), the federal government announced Germany’s ThyssenKrupp Marine Systems (TKMS) will be the strategic build partner for the next era of Canadian military technology. In support of Canada’s defence industrial strategy, Seaspan and TKMS signed a teaming agreement in support of the project in January. Seaspan is the only industry shipyard in the country that has been maintaining submarines in Canada since 2005– mostly at the Victoria Shipyards in Esquimalt. “Canada has made a generational decision about its security and sovereignty today and Seaspan, as part of the integrated sustainment team, is ready to answer that call,” said John McCarthy, CEO of Seaspan Shipyards, in a news release. The Esquimalt ship yard currently maintains Canada’s decades-old Victoria-class submarines and is the only Canadian West Coast shipyard with the “proven experience, t…

The $100B bet Canada is putting on European submarines Canada's Business and Tech Newsroom Gift Share Canada has chosen Europe’s TKMS as the preferred bidder to supply the Royal Canadian Navy with a dozen new 212CD submarines, Prime Minister Mark Carney said in an announcement in Halifax. The decision is generationally important to the military, to industry and to Canada’s international relationships, lining Canada up with European allies and disappointing TKMS’s rival, South Korea’s Hanwha Ocean. Besides the cost of the subs themselves, decades of sustainment work are expected to put the cost well into the tens of billions of dollars—possibly as much as $100 billion—which is in the same range as buying and operating a full fleet of F-35 fighter jets. What it means right now Canadaaskedinterested companies to present themselves in 2024 and, in August 2025,settledon TKMS and Hanwha Ocean as the finalists. By normal defence procurement standards, this has been incredibly fast, but there’s still a lot of work to do. Selecting TKMS as the preferred bidder means the company and Canada will get into the nuts and bolts of contract negotiations. Defence sales come withobligations…

Canada appears to prioritize ties with NATO for major submarine project: DAPA SEOUL, July 7 (Yonhap) -- Canada's selection of Germany's Thyssenkrupp Marine Sy...

Inside the Canada Submarine Deal: How Korea and Germany Fought for a ... Picture a 3,000-tonne attack submarine slipping quietly into a harbour in Victoria, British Columbia. It had just crossed the Pacific, a voyage of 14,000 kilometres. The year was 2026, and the vessel was not there to fight. It was there to sell. By then the **Canada submarine deal** had reached a strange peak. A navy was literally sailing a warship halfway around the world as a sales pitch. That single image tells you almost everything about how high-stakes this contest had become. For most outside observers, Canada buying submarines sounds like a routine defence story. It is anything but. This is one of the largest military procurements in Canadian history. Moreover, it is a contract that two of the world’s most capable shipbuilders have chased for nearly two years. On one side stands South Korea’s Hanwha Ocean, offering its battle-tested KSS-III. On the other sits Germany’s TKMS, a European heavyweight pitching its next-generation Type 212CD. As a result, the choice facing Ottawa is far bigger than steel and torpedoes. Instead, it is a decision about which part of the world Canada wants to tie its future to…

Canada's $100 Billion Submarine Deal: Ottawa Picks Germany's TKMS Over ... Share Facebook X WhatsApp ReddIt Prime Minister Mark Carney has reportedly selected the winner of the Canadian Patrol Submarine Project (CPSP) deal, with Germany’s TKMS outdoing South Korea’s Hanwha. Canada initiated the CPSP procurement in 2021 to replace the Victoria-class submarines, which are at the final leg of their service life. The country has long sought to replace them with 12 cutting-edge diesel-electric submarines with specialized under-ice capabilities. According to some estimates, the acquisition cost could reach $24-30 billion, while the total cost over three decades, or the next 30 years, including lifetime maintenance and support, could reach $100 billion. The procurement is intended to bolster maritime sovereignty, particularly in the Arctic, which is becoming increasingly crowded amid sustained climate change, making the region more accessible to adversaries. Therefore, Canada—being an Arctic state with high stakes in the High North—needs submarines capable of conducting extended patrols and surveillance, deterring incursions and protecting resources and crucial shipping routes. More impo…

(EDITORIAL from Korea Times on July 8) Canada's decision to award its next-generation submarine program to Germany's Th...

Canada nears decision on Korean, German submarine bids - UPI June 17 (Asia Today) -- Canada is expected to select a preferred bidder within 30 days for a major submarine procurement program, narrowing the competition to South Korea's Hanwha Ocean and Germany's Thyssenkrupp Marine Systems. The Canadian Patrol Submarine Project calls for the acquisition of up to 12 conventionally powered submarines to replace the Royal Canadian Navy's four aging Victoria-class vessels. The acquisition, infrastructure and long-term maintenance program has been estimated by South Korean industry officials at at least 60 trillion won, or about $39.7 billion. Some estimates place its potential value over several decades as high as 120 trillion won, or about $79.4 billion. Stephen Fuhr, Canada's secretary of state for defence procurement, said Ottawa expected to choose a preferred bidder within 30 days, according to Politico. The selection would grant one bidder the right to enter detailed negotiations with the Canadian government, although it would not constitute a final contract award. Canada previously identified Hanwha Ocean and Germany's Thyssenkrupp Marine Systems as the two qualified suppliers for…

Canada has selected a German consortium to build a dozen cutting-edge submarines in one of the country’s largest-ever defence contracts that will further deepen its Nato ties before a crucial summit this week. Korea's Hanwha Ocean KSS-III Batch-II sub misses out www.theguardian.com/world/2026/j...