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Canada Signs Major Submarine Deal | Europe News

Canada Signs Major Submarine Deal | Europe News

Published 3 days, 3 hours ago
Description

Canada just locked in a historic defense deal, awarding German shipbuilder ThyssenKrupp Marine Systems a potential dozen submarines — the biggest procurement in Canadian history, announced just ahead of the NATO summit. Prime Minister Mark Carney hailed it as a major leap for national security and global leadership. TKMS beat out South Korea’s Hanwha Ocean in a fiercely competitive bid, signaling Canada’s long-term commitment to underwater defense capabilities — and setting the stage for a major shift in global military spending.

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