The Government of Canada has identified German company Thyssen Krupp Marine Systems (TKMS) and Korean company Hanwha Ocean Co., Ltd. (Hanwha) as the 2 qualified suppliers for the Canadian Patrol Submarine Project (CPSP).
This decision was informed by a thorough assessment of Canada’s requirements for the CPSP, including construction and delivery timelines for the new submarine fleet. Canada also engaged with other governments and militaries to exchange lessons learned and to gain insights into their respective submarine acquisitions, infrastructure and sustainment programs.
As the current global environment continues to evolve, the CPSP is an opportunity to diversify Canada’s defense partnerships and collaborate with allies and partners, while creating long-term opportunities for Canada’s marine and defense industries. The identification of qualified suppliers is a critical milestone for CPSP. It is a positive signal that the Government of Canada is taking the necessary steps to provide members of the Royal Canadian Navy with the equipment they need, and that it is prepared to move quickly and decisively to ensure delivery of the first Canadian Patrol Submarine no later than 2035.
As part of the next steps, Canada will conduct in-depth engagements with the 2 qualified suppliers to continue to advance the procurement process.
