The federal government has reduced the pool of candidates for constructing the navy’s new submarines to a German company and a South Korean firm, as part of its plan to bolster Canada’s defence capabilities in the Arctic.
German company Thyssen Krupp Marine Systems and Hanwha Ocean Co. in South Korea were identified in an Aug. 26 announcement by Ottawa as qualified suppliers for its Canadian Patrol Submarine Project (CPSP), an initiative that aims to procure up to 12 new submarines that will be deployable in the Arctic.