The Canadian Government has shortlisted Germany’s TKMS and South Korea-based Hanwha Ocean as the two qualified suppliers for its Canadian Patrol Submarine Project (CPSP).
The two companies were identified following a comprehensive evaluation process that considered Canada’s specific needs for the CPSP, including the construction and delivery schedules for the new submarines.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
According to the Canadian government, the Royal Canadian Navy (RCN) needs a new class of submarines capable of operating in the Arctic, designed with enhanced range and endurance to deliver “stealth, persistence and lethality”.
The CPSP aims to bolster international security through cooperative deployments with allies and partners while simultaneously fostering growth within Canada’s defence and marine sectors.
The next phase of the CPSP involves detailed discussions with TKMS and Hanwha to further the procurement initiative process.
The goal is to deliver the first submarine under the CPSP programme by no later than 2035, aligning with the operational lifespan of Canada’s current submarine fleet, which extends into the mid-to-late 2030s.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe RCN acquired its Victoria-class submarines second-hand from the UK Royal Navy in 1998. These submarines were commissioned into the Canadian fleet between 2000 and 2003.
The fourth vessel, which experienced a fire during its delivery to Canada in 2004, was commissioned in 2015.
Canada Government Transformation, Public Works and Procurement Minister Joël Lightbound said: “The Canadian Patrol Submarine Project, in collaboration with TKMS and Hanwha as the two qualified suppliers, is an opportunity to work with allies and strengthen our defence industrial capacity. This is a critical step toward equipping the Royal Canadian Navy with next-generation capabilities our Navy needs to protect our sovereignty and support our allies.”
In July 2024, Bill Blair, the then Minister of National Defence for Canada, indicated plans to procure 12 conventionally powered submarines to replace the Victoria-class submarines currently in use by the RCN.
Following this announcement, Public Services and Procurement Canada, on behalf of the Department of National Defence, released a request for information (RFI), which was open from September 2024 to February 2025.
The RFI sought to gather details on available submarines either currently active or under production, as well as industry capacity to construct and deliver up to 12 submarines for Canada.
