Germany's TKMS Set to Win Multi-Billion Contract for 12 Canadian Submarines

German defence manufacturer TKMS (ThyssenKrupp Marine Systems) is reportedly on the verge of securing a multi-billion-euro contract to build 12 submarines for the Canadian Navy. The deal is expected to strengthen strategic ties between Ottawa and Europe and could pave the way for broader industrial cooperation. It would rank among the largest defence procurement deals in Canadian history.