Feedback from Canadian industry will inform a sovereign, resilient sustainment solution for Canada's future submarine fleet that creates opportunities for our economy and delivers real value for Canadians
The Government of Canada is modernizing and accelerating defence procurement through the Defence Investment Agency (DIA). By streamlining decisions and centralizing expertise, the Agency is expediting the delivery of mission-critical equipment to the Canadian Armed Forces (CAF).
Canada's vast coastline and Arctic responsibilities require a modern submarine fleet with long- range, long‑endurance and under-ice capabilities. The future Canadian Patrol Submarine will give the Royal Canadian Navy (RCN) the stealth and persistence needed to protect national security, assert Arctic sovereignty, and support Canada's international security commitments. The project will also strengthen domestic defence and marine industries, and create good-paying jobs across the country.
In August 2025, the Government of Canada identified two qualified suppliers for the Canadian Patrol Submarine Project (CPSP): Thyssen Krupp Marine Systems, supported by Germany and Norway, and Hanwha Ocean Co., Ltd., supported by the Republic of Korea. By narrowing the competition to two qualified suppliers, Canada has advanced the procurement timeline by several years, ensuring the RCN receives this capability far earlier. In November 2025, proposal instructions were issued to both firms, with a deadline of March 2, 2026. Both proposals have been received and are currently under review. We expect a decision, as early as summer 2026, as to which of the two qualified suppliers will be chosen as the preferred supplier for contract negotiations.
