The Government of Canada has selected Team 212CD as the Preferred Supplier for the Canadian Patrol Submarine Project (CPSP) potentially delivering twelve 212CD submarines.
This marks a milestone for Canada, Germany and Norway and the beginning of a long-term strategic partnership that will strengthen security, industrial cooperation and collective defence across the North Atlantic.
"This is an important day - for Canada, Germany and Norway," CEO at TKMS, Oliver Burkhard, stated.
"With the CPSP, we are proud to take on the largest single order in the history of TKMS – and with it comes a clear promise: we will deliver. The CPSP is more than a procurement program; it is the foundation of a long-term strategic partnership between trusted allies. Together with Canada, we are taking the next step as NATO partners – built on trust, shared values and a common commitment to defence.
"We stand ready to work alongside the Government of Canada, Canadian industry and our partners in Germany and Norway to deliver a world-class submarine capability that will strengthen security, create economic opportunity and generate lasting benefits for future generations. Last year our independence marked the beginning of a new era for TKMS. The CPSP is the next chapter of that journey. Canada will benefit from the full force of the current unique European program – the combined strength of Germany and Norway, united in purpose, and committed to delivering the very best and to create a new kind of transatlantic coalition."
For TKMS, the potential extension of the 212CD program beyond Germany and Norway will further support the company’s ongoing profitable growth path. The current order backlog will be supported by more than 50 per cent.
“Canada’s trust in Team 212CD is testament to TKMS’s international competitiveness. This is a very important demonstration of NATO’s capacity to act and the capabilities of the German and European defence industries. The fact that Canada is committing to a joint submarine capability with the 212CD together with Germany and Norway underlines the strong and trustful security and industrial cooperation between close allies. With this decision, TKMS confirms its role as a reliable strategic partner for maritime security worldwide. A good day for Canada, Germany and Norway. A good day for TKMS as a leading maritime powerhouse," Chairman of the Supervisory Board at TKMS, Volkmar Dinstuhl, highlighted.
The final proposal will generate CAD 167 billion in total economic activity across Canada, deliver over CAD 86 billion in economic impact, and over 650,000 job-years across Canada during the life of the project. Thus, the partnership will not only deepen our joint defense cooperation, but also open up a new dimension of industrial collaboration.
"Canada's decision in favour of Team 212CD is a tremendous success for TKMS – and a powerful validation of our strategy. With the spin-off of TKMS, we laid the foundation for the company to unfold its full potential as an independent champion in the international naval business. Today's announcement proves that this was the right path. We are convinced that this trilateral partnership between Canada, Germany and Norway will create lasting value – for TKMS, for our shareholders and for the transatlantic security architecture. thyssenkrupp stands firmly by TKMS's side as the company takes this important step," CEO of thyssenkrupp AG, Miguel López, indicated.
As the program enters its next phase, TKMS will work closely with the Government of Canada, Germany, Norway and Canadian industry partners to advance contract negotiations, industrial planning, workforce development and implementation activities. TKMS expects to deliver the first 212CD submarine by 2033.
"Canada’s selection of TKMS and its Type 212CD platform for the Canadian Patrol Submarine Project marks an important milestone in strengthening the Royal Canadian Navy’s (RCN) future submarine capability and reinforces the critical role of training in operational readiness for maritime defence. As a longstanding partner to the Canadian Armed Forces, CAE is proud to work with TKMS to deliver an integrated training and simulation environment that prepares RCN crews for the complexity of modern submarine operations," a CAE spokesperson affirmed.
"This collaboration goes beyond platform support. It directly advances Canada’s Defence Industrial Strategy by strengthening sovereign capabilities in training and simulation across air, land, and maritime domains through capabilities that are developed, sustained, and scaled in Canada."