Canada has selected Germany’s ThyssenKrupp Marine Systems to build a new class of submarines for the Royal Canadian Navy. The contract for the submarines is estimated to initially cost $24 billion, ...
Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) today announced that it has completed the ...
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Not made in the USA: Canada is buying 12 new submarines — and the contract is worth $12,000,000,000
The Canadian Patrol Submarine Project, often referred to in shorthand as CPSP, is Ottawa’s attempt to replace the Royal Canadian Navy’s aged Victoria-class submarines with a significantly larger and ...
Feedback from Canadian industry will inform a sovereign, resilient sustainment solution for Canada's future submarine fleet that creates opportunities for our economy and delivers real value for ...
HALIFAX, NS, July 6, 2026 /CNW/ - The assumptions that shaped decades of Canadian defence and security are being upended. Climate change is causing our Arctic region to warm nearly three times faster ...
Halifax has several advantages as Canada prepares for the next generation of submarines. The city is home to Canada’s largest ...
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 ...
Defense training-technology supplier CAE is teaming with TKMS AG to support the German company's bid to land a multibillion-dollar Canadian government order for naval submarines able to patrol the ...
Popular exports from South Korea include everything from K-pop singles and portable electronics to automobiles and heavy equipment. The nation's large industrial conglomerates are now also hoping to ...
German shipbuilder ThyssenKrupp Marine Systems (TKMS) is Canada's preferred choice to build the navy's new fleet of submarines — a multibillion-dollar defence program that is expected to be the ...
Elbit Systems has acquired Canadian company, International Submarine Engineering (ISE), adding underwater capabilities to the defence company’s portfolio, Based in Vancouver, ISE specialises in ...
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