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Germany’s TKMS advances $12 billion bid to supply 12 Type 212CD patrol submarines to Canada

As reported by Reuters on January 21, 2026, ThyssenKrupp Marine Systems formally advanced an investment-linked proposal for Canada’s Canadian Patrol Submarine Project. The approach combines submarine procurement with long-term industrial commitments intended to meet Canada’s offset and domestic economic requirements. A final government decision on the program is expected in 2026. Read full defense news at this link...

The German effort is centered on negotiations with industrial partners in Germany and Norway, as the Type 212CD is a joint project between the two countries, to assemble a multi-billion-dollar investment package directly linked to the submarine tender. (Picture source: TKMS)



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