Overview
- German and Norwegian defense ministers met in Ottawa with Canadian officials to promote the TKMS 212CD under their joint procurement and invite Canada to join.
- Boris Pistorius said TKMS could maintain or build submarines or components in Canada if requested, citing industrial cooperation and scale benefits.
- Canada has shortlisted TKMS and South Korea’s Hanwha, with Hanwha targeting a first delivery in 2032 and four boats by 2035, and TKMS saying it can deliver the first well before 2035.
- Carney’s late‑October trip includes a tour of Hanwha facilities in South Korea as part of the evaluation process, and no decision has been announced.
- The program aims to replace four submarines retiring by 2035, with outside estimates near $10 billion per boat and allies emphasizing North Atlantic interoperability.