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TKMS seals record submarine deal with Canada

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Jörg Jelinnek
July 8, 2026

German naval shipbuilder TKMS has secured a multi-billion-euro contract from Canada to build 12 submarines. The vessels will be constructed at the company's shipyards in Kiel and Wismar.

Canada’s decision to join the German-Norwegian 212CD submarine program marks a major boost for German shipbuilder TKMS (Thyssenkrupp Marine Systems) and signals a deepening strategic partnership between NATO allies. The reported multi-billion-euro defense deal, Canada’s largest military procurement project ever, is expected to support jobs in Germany while strengthening cooperation on submarine technology, maintenance and security.

At the center of the agreement is the 212CD submarine, an advanced conventional submarine designed for long-endurance, low-signature operations. The move also underscores Canada’s growing focus on Arctic security, sovereignty and defense modernization amid shifting geopolitical dynamics.
 

This video summary was created by AI from the original DW script. It was edited by a journalist before publication.
 

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