In selecting a joint bid from Germany and Norway, Prime Minister Mark Carney is elevating Canada’s naval power and reducing its military and economic dependency on the United States.

Canada will conclude contracting no later than the end of 2027, with the first four submarines to be delivered ahead of schedule, in 2034, ahead of the planned retirement of Canada’s Victoria-class submarines in the mid-to-late 2030s,

The firm had offered its Type 212CD submarine which is being built for both Germany and Norway, beating a competing bid from South Korea's Hanwha Ocean.

HII has secured an option-year production contract for the U.S. Navy’s Lionfish small unmanned

TORONTO, July 5 (Reuters) - Canadian Prime Minister Mark Carney will announce on Monday the preferred bidder in a contract to build 12 submarines for Canada's navy, the Globe and Mail reported on Sunday.

S. Korean Navy conducts anti-submarine drill South Korean Navy soldiers conduct an anti-submarine drill aboard a maritime patrol aircraft P-8A over U.S. Joint Base Pearl Harbor-Hickam, Hawaii, on July 7,

President Lee Jae Myung, who visited Türkiye to attend the North Atlantic Treaty Organization (NATO) summit, held an informal meeting with Canadian Prime Minister Mark Carney on July 7 (local time). The meeting took place shortly after Hanwha Ocean’s unsuccessful bid for Canada’s Next-Generation Submarine Procurement Project (CPSP).