Germany's Thyssenkrupp Marine Systems CEO: Domestic Submarine Production in Canada Possible, but Not Soon

Friday, Oct 24, 2025 5:45 am ET1min read

Thyssenkrupp Marine Systems CEO Oliver Burkhard says building submarines in Canada is possible, but not likely in the near future. The company is open to domestic production, but it would require significant investment and time. Canada is seeking a supplier to replace its aging Victoria class submarines by 2035, and is also looking to build up its domestic defence industry.

Germany's Thyssenkrupp Marine Systems CEO: Domestic Submarine Production in Canada Possible, but Not Soon

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet