Winnipeg Free Press

Babcock’s in-service contract for Victoria subs extended by 6 years

OTTAWA - The federal government has awarded Babcock Canada a six-year extension on its servicing contract for the Royal ...
Centre for International Governance Innovation

Canada Is Spending Billions of Dollars on New Submarines — So What Are They Actually For?

Canada has never built submarines before and has operated few in the modern history of our Navy. (Ingrid Bulmer/REUTERS) This ...
Shephard Media

Force renewal in the Royal Canadian Navy opens long-term opportunities for suppliers

Canada’s ambitious naval modernisation plans are creating major maritime procurement opportunities, with future programmes ...

N.S. to spend 2 more years studying replacement options for Halifax harbour bridge

The Nova Scotia government will take another two years to study options for rebuilding or replacing the A. Murray MacKay ...

More than 3,100 wildfires recorded in Canada this season

Federal officials are set to provide a wildfire update as the season has already recorded more than 3,100 fires across the ...
Marine Link

TKMS Selected as Preferred Supplier for Canadian Patrol Submarine Project

TKMS welcomed the Government of Canada's decision to select Team 212CD as the Preferred Supplier for the Canadian Patrol Submarine Project (CPSP), delivering twelve 212CD submarines. The announcement ...
Marine Link

Seaspan Welcomes TKMS as Build Partner for Canadian Submarine Program

Seaspan Shipyards welcomed the Government of Canada’s announcement of ThyssenKrupp Marine Systems (TKMS) as the strategic build partner for the Canadian Patrol Submarine Project (CPSP). The project ...
Marine Log

TKMS selected as the preferred supplier for the Canadian Patrol Submarine project

TKMS, which along with Hanwha Ocean had previously been identified as a qualified suppler for the project, will now enter negotiations to finalize the required contracts or other arrangements involved ...
List of Banks in Belarus

Canada submarine deal good news for German economy, politicians say

BERLIN, July 7 (Reuters) - German Chancellor Friedrich Merz and Finance Minister Lars Klingbeil on Tuesday welcomed Canada's decision to select Germany's TKMS to build up to 12 submarines for its navy ...

Canada submarine deal good news for German economy, politicians say

German Chancellor Friedrich Merz and Finance ​Minister Lars Klingbeil said on Tuesday that Canada's decision ‌to select Germany's TKMS to build up to 12 submarines for its navy was good news for ...
CNBC

Hanwha Ocean shares sink 23% as it loses bid to build Canada's next fleet of submarines

Shares of Hanwha Ocean fell 23% after the company lost its bid to build Canada's next fleet of submarines to Germany's ThyssenKrupp Marine Systems. TKMS' 212CD submarine platform is shared by Germany ...
MarketWatch

Shares of South Korean Shipbuilder Hanwha Ocean Sink After Loss of Submarine Bid

Shares of South Korean shipbuilder Hanwha Ocean slid over 20% on Tuesday after it lost out on a Canadian submarine contract to ThyssenKrupp's naval division TKMS. The stock fell as much as 24% to ...