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Thyssenkrupp Marine Systems secures major submarine order from Canada
ONE REPORT·Published ·Event date ·Main source · Handelsblatt
Story essentials
Thyssenkrupp Marine Systems, Canada
Germany, Canada
Early July 2026
Original reports
Canada ordered up to 12 Type 212CD submarines from Thyssenkrupp Marine Systems.
The contract value is estimated at up to 100 billion Canadian dollars (approx. 62 billion euros) over the lifecycle.
The deal is viewed as a boost for German defense capabilities and industrial independence.
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