Prime Minister Mark Carney announced today that Thyssenkrupp Marine Systems (TKMS) has been selected as the preferred supplier for Canada's new patrol submarine fleet. The announcement, made at Canadian Forces Base Halifax, marks a pivotal moment in Canada's defence procurement history, identifying the largest defence contract ever awarded by the nation. This strategic move aims to significantly enhance the Royal Canadian Navy's (RCN) underwater surveillance and operational capabilities across Canada's vast coastlines.
The Canadian Patrol Submarine Project (CPSP) will see the acquisition of up to 12 modern submarines to replace the aging Victoria-class fleet. TKMS' Type 212CD submarine, known for its stealth capabilities, has been chosen as the preferred platform. These new vessels are designed for Arctic patrol, undersea surveillance, and special forces deployment, ensuring NATO interoperability. The RCN's current submarine fleet is facing obsolescence, with only one of the four Victoria-class submarines currently operational, highlighting the urgency of this multi-billion dollar project.
Negotiations with TKMS are set to begin, with the goal of finalizing contracts by the end of 2027. The first four submarines are anticipated to be delivered by 2034, ahead of schedule and intended to prevent any gaps in Canada's submarine capabilities. In the event that negotiations with TKMS are unsuccessful, South Korea's Hanwha Ocean remains a potential alternative supplier. This project underscores Canada's commitment to continental defence, sovereignty, and collective security, aligning with NATO and NORAD objectives. The procurement is also expected to generate significant long-term economic benefits for Canada through the Industrial and Technological Benefits Policy.
The selection of TKMS' Type 212CD is seen as a strategic step in modernizing Canada's naval assets in response to a changing global security landscape, particularly in the Arctic. This investment signifies Canada's dedication to maintaining a strong and ready defence force capable of addressing evolving threats and safeguarding national interests.
