TKMS, Germany’s state‑backed submarine and naval shipbuilder, wins Canada’s submarine deal as NATO summit looms; a key player in European defense pragmatics.
Canada has selected ThyssenKrupp Marine Systems to build up to 12 conventionally powered submarines, with the contract potentially worth tens of billions of dollars. Prime Minister Carney has pledged higher defence spending and NATO interoperability as Ottawa seeks greater strategic autonomy ahead of the Ankara summit.