Today, at Canadian Forces Base Halifax, the Prime Minister, Mark Carney, announced that Thyssenkrupp Marine Systems (TKMS) has been selected as the preferred supplier to begin negotiations for delivering Canada’s next fleet of submarines to the RCN.
With ultra-low acoustic and magnetic signatures, TKMS’ 212CD is one of the stealthiest submarines in the world. It is capable of Arctic patrol, undersea surveillance, special forces deployment, and it is fully NATO-interoperable.
The Government of Canada and TKMS will now enter into negotiations to finalise the contracts and all arrangements required to deliver the requirements of the CPSP. Canada will conclude contracting no later than the end of 2027, with the first four submarines to be delivered ahead of schedule, in 2034. In the event that negotiations with the preferred supplier are unsuccessful, Canada may designate Hanwha Ocean as the preferred supplier and enter into negotiations.
Quick facts
The CPSP will deliver up to 12 modern submarines to replace the aging Victoria-class fleet.
The RCN’s current submarine fleet will remain operational into the mid-to-late 2030s.
The project will be subject to Canada’s modernised Industrial and Technological Benefits Policy, ensuring the investment generates long-term economic benefits for Canadians.
The Government of Canada has conducted a rigorous, multi-stage procurement process to identify a preferred supplier, including:
A Request for Information issued from September 2024 to February 2025.
Identification of two qualified suppliers on August 26, 2025.
Issuance of proposal instructions in November 2025.
Submission of proposals in March 2026.
A bid clarification and amendment process aligned with Canada’s Defence Industrial Strategy, concluded on April 29, 2026.
