Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

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.
Insights by Ground AI
Podcasts & Opinions

36 Articles

Lean Left

Ottawa will favour the German company to renew its submarine fleet," said Canadian Prime Minister Mark Carney.

·Montreal, Canada
Read Full Article

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.

·Munich, Germany
Read Full Article
The Toronto StarThe Toronto Star
+6 Reposted by 6 other sources
Lean Left

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."

·Toronto, Canada
Read Full Article
Winnipeg Free PressWinnipeg Free Press
+20 Reposted by 20 other sources
Center

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.

·Winnipeg, Canada
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 68% of the sources lean Left
68% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

iPolitics broke the news in Canada on Monday, July 6, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal