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BusinessGermanyhttps://p.dw.com/p/5GiwA
German naval shipbuilder TKMS has secured a multi-billion-euro contract from Canada to build up to 12 submarines. The vessels will be constructed at the company’s shipyards in Kiel and Wismar – two coastal towns in northern Germany – before being delivered to North America.
The deal is the largest submarine contract in the company’s history – and many hope a foundation for tighter security cooperation. For TKMS, it is the third NATO partner who acquires the new 212 CD submarine after purchases for the German and Norwegian Navy.
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