Submarine companies reach deadline to submit proposals as Canada decides on new fleet [Yahoo! Finance Canada]
THYSSENKRUPP AG S/ADR (TKAMY)
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Source: Yahoo! Finance Canada
Canada is planning to buy a fleet of up to 12 conventionally powered submarines with the hope of having the vessels in the water by 2032. The multibillion-dollar procurement is happening at an accelerated pace as the Royal Canadian Navy's aging Victoria-class submarines are set to retire in the next decade. The two bids are from South Korea's Hanwha Oceans and ThyssenKrupp Marine Systems, or TKMS, in a bid that includes Germany and Norway. Stephen Fuhr, the secretary of state for defence procurement, said in February that Ottawa will likely announce a winner this year. The Liberal government has also made it clear that its decision will rest in part on which proposal provides the most economic and industrial benefits in Canada. Canadian officials have visited the shipyards in South Korea and Germany, and officials from both countries have also visited Canada. Hanwha and South Korean officials have framed the submarine contract as a starting point for a deeper industrial r
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News
- 2026 "Nanjing Day" Economic and Trade Promotion Conference Successfully Held in Stuttgart, Germany [Yahoo! Finance]Yahoo! Finance
- Submarine companies reach deadline to submit proposals as Canada decides on new fleet [BNN Bloomberg (Canada)]BNN Bloomberg
- ThyssenKrupp (TKAMY) was downgraded by Zacks Research from "strong-buy" to "hold".MarketBeat
- ???????????????????:2032??????????(CAGR)9.9%??? [CNET News]CNET News
- ThyssenKrupp (OTCMKTS:TKAMY) had its "underweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat