Germany’s TKMS submits non-binding offer for Canada submarine tender

Prime Minister Mark Carney looks over a 212A class submarine under maintenance as he tours Thyssenkrupp Marine Systems (TKMS), a submarine building facility in Kiel, Germany on Tuesday, Aug. 26, 2025. THE CANADIAN PRESS/Christinne Muschi

DUESSELDORF, Germany — Warship builder TKMS has submitted a non-binding offer along with Norway for a multi-billion-dollar submarine contract from Canada, a company spokesperson told Reuters on Tuesday.

The offer consists of around 1,500 pages and is supported by the governments of both countries.

TKMS is one of two companies shortlisted by Canada to supply up to twelve modern submarines. Its competitor is Hanwha Ocean from South Korea.

A decision is expected in the middle of the year.

(Reporting by Tom Kaeckenhoff, writing by Miranda Murray, editing by Thomas Seythal)