Real work ‘begins now,’ says TKMS CEO after being named preferred sub bidder
The deal moves to negotiations on industrial benefits and delivery timelines for up to 12 submarines, with Ottawa aiming for a contract by 2027.
- On Monday, Prime Minister Mark Carney named German defence manufacturer TKMS as the preferred bidder to supply the Royal Canadian Navy's next fleet of submarines, surpassing South Korea's Hanwha.
- Carney emphasized the TKMS 212CD submarine's stealth and Arctic capabilities, highlighting its ability to operate alongside NATO allies ahead of this year's annual NATO summit in Ankara, Turkey.
- The government plans to purchase up to 12 submarines, aiming to ink a contract by the end of 2027, though TKMS CEO Oliver Burkhard hopes to finalize negotiations by late 2026.
- Joining an existing partnership between Germany and Norway requires the nations to align on delivery timelines, while Burkhard noted the real work "begins now."
- Upcoming negotiation phases will focus on nailing down details of the industrial benefits promised for Canada, a crucial step in formalizing the submarine procurement agreement.
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Kelowna MP Fuhr plays defence deals could bring boost to B.C.
At the same time as Prime Minister Mark Carney was in Halifax yesterday to announce the preferred bidder to supply the Canadian navy's next fleet of submarines, Kelowna MP and Secretary of State for Defence Procurement Stephen Fuhr was making a simultaneous announcement in Esquimalt. After a high...
Ottawa will favour the German company to renew its submarine fleet," said Canadian Prime Minister Mark Carney.
Oliver Burkhard worked for the IG Metall for a long time before he changed to Thyssenkrupp and from there to the TKMS armaments company. As unusual as his vita is the order he has now made clear.
Real work ‘begins now,’ says TKMS CEO after being named preferred sub bidder
OTTAWA - Prime Minister Mark Carney on Monday named German defence manufacturer TKMS as the preferred bidder to supply the Royal Canadian Navy's next fleet of submarines, though the company's CEO says the real work "begins now."
Real work 'begins now,' says TKMS CEO after being named preferred sub bidder
OTTAWA - The CEO of the German defence firm that was named the preferred bidder in the competition to build Canada's next fleet of submarines this week said negotiations to formalize the contract will move quickly.
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