The Government of Canada selected ThyssenKrupp Marine Systems (TKMS) to design and construct a new fleet of submarines for the Royal Canadian Navy [1].

This procurement represents a critical modernization of Canada's maritime defense capabilities. The move replaces an aging fleet that has struggled to meet current operational requirements in an increasingly complex global security environment [2].

The project is projected to be valued at 90 billion CAD [1]. Under the agreement, the German-based contractor will build 12 submarines to ensure the long-term viability of Canada's underwater surveillance, and defense [3].

Government officials in Ottawa said the selection process focused on the ability to modernize the navy's reach. Negotiations between the Canadian government and TKMS are expected to conclude by the end of 2027 [3].

Once construction begins, the timeline for delivery is extensive. The first submarine from the new fleet is anticipated to be delivered in 2034 [3].

The decision follows a period of evaluation regarding the best technology to secure Canada's coastlines and Arctic waters. The partnership with the German firm marks a significant investment in international defense cooperation, a shift aimed at ensuring the Royal Canadian Navy remains competitive [4].

Ottawa will spend 90 billion CAD to replace aging naval vessels

The selection of TKMS underscores Canada's commitment to high-end conventional submarine capabilities over cheaper or smaller alternatives. By investing 90 billion CAD, Ottawa is prioritizing long-term strategic endurance and stealth over immediate deployment, acknowledging that the gap in its underwater capabilities will persist until at least 2034.