Two Fleets, Two Allies: Canada Considers Dividing Submarine Contract Between Germany and South Korea
Canada is considering dividing its multibillion-dollar submarine contract between two rival bidders — buying six vessels from Germany and six from South Korea — as the Carney government balances ...
The MarketWatch News Department was not involved in the creation of this content. -- TKMS and Seaspan Shipyards have signed a Teaming Agreement to collaborate on supporting the Government of Canada in ...
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‘Captain, We Have Been Destroyed’: Canadian Diesel Submarine ‘Sank’ $5.5 Billion Navy Aircraft Carrier
Key Points and Summary - In a shocking 1981 NATO exercise, a Canadian diesel-electric submarine successfully penetrated a U.S. aircraft carrier strike group and notionally "sank" the USS Dwight D.
Algoma Steel has positioned itself to supply one of the two companies vying to secure a Canadian government order for navy submarines. The Canadian steel company said Monday it signed a binding ...
S. Korea's bid for Canada's next-generation submarine program has expanded beyond defense competition into broader contest over industrial investment ...
Algoma Steel and Hanwha Ocean align to underpin Canada’s future submarine program with Canadian steelmaking capability and Canadian workers, supporting long-term naval readiness and industrial ...
Ottawa, ON, Feb. 04, 2026 (GLOBE NEWSWIRE) -- TKMS and EllisDon signed a Strategic Teaming Agreement reflecting their shared intention to develop a long-term, cooperative, and sustainable ...
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