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Canada's Submarine Deal: One Builder for Twelve Ships

Canada's Submarine Deal: One Builder for Twelve Ships

Edmonton News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 5, 20261m 5s

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Show Notes

Canadas Defence Procurement: A Single Submarine Builder Selected

The Canadian government is set to choose a sole builder for its next fleet of up to twelve submarines, valued at approximately twenty billion dollars. The finalists are Germanys TKMS and South Koreas Hanwha Ocean, with the government ruling out a split contract. Stephen Fuhr, the secretary of state for defence procurement, and Vice-Admiral Angus Topshee, head of the Royal Canadian Navy, both endorse the decision to stick with one builder for the entire fleet.

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