Key Points - Canada's navy is facing a critical capability gap as its four aging, British-built Victoria-class diesel-electric submarines near the end of their service lives. -These submarines are ill ...

The offer for Canada to join the Type 212CD program comes as NATO looks to expand its underwater activities in the Atlantic and the High North.

Key Points - The Royal Canadian Navy operates four aging Victoria-class diesel-electric submarines, acquired from the UK in the late 1990s, which are expected to retire between 2034 and 2040. -While a ...

The Liberal government will spend tens of billions of dollars — with some estimates of up to $100 billion — on a new fleet of ...

Hanwha officials say they can deliver four KSS-III submarines to Canada by 2035, if a contract is signed in 2026. The first ...

Public Services and Procurement Canada received 25 submissions from Canadian and foreign firms, including seven major ...

Thyssenkrupp Marine Systems CEO Oliver Burkhard (R) gestures as he talks to German Defense Minister Boris Pistorius (2nd R) during their visit of a shipyard of Thyssenkrupp Marine Systems that will ...

A new report comparing the two contenders for Canada's submarine contract cautions that Hanwha's subs likely would have to be ...

The MarketWatch News Department was not involved in the creation of this content. GATINEAU, QC, Sept. 17, 2024 /CNW/ - Through Canada's defence policy, Our North, Strong and Free, the Government of ...

The Victoria-class submarine program is a prime example. Originally expected to be a cost-effective solution, the secondhand submarines were plagued by technical issues and spent much of their early ...

Summary and Key Points: Canada is ramping up its Arctic defense capabilities in response to growing Russian influence in the region. The country plans to acquire a dozen conventionally powered, ...