Canada to buy 12 hi-tech German submarines after bidding war

TKMS beats South Korean rival to multibillion-dollar contract that will deepen Canada’s Nato ties Canada has selected a German consortium to build a dozen cutting-edge submarines in one of the country’s largest-ever defence contracts that will further deepen its Nato ties before a crucial summit this week. On Monday the prime minister, Mark Carney, announced the winner of a tightly contested battle for the lucrative government contract to replace its fleet of ageing, secondhand subs, most of which are undergoing maintenance. Continue reading...

This story was reported by Europe | The Guardian. EUROPES curates Europe's most relevant coverage — read the full report at the original source.