No estimated cost for the submarine fleet was released as the government looks to "diversify Canada’s defence partnerships."

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The federal government has narrowed down its choice for the procurement of a new submarine fleet between South Korean and German suppliers. Article content

Germany’s Thyssen Krupp Marine Systems (TKMS) and the Korean company Hanwha Ocean have been selected as the two qualified suppliers for the new fleet of up to 12 new subs, according to a government press release. Article content Article content

Canada will conduct “in-depth engagements” with the suppliers to move forward with the procurement process.

“The advanced submarines will give our Navy the confidence and capabilities to respond effectively to emerging threats, while creating opport

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