Canada selects Germany’s ThyssenKrupp to build 12 submarines as it boosts NATO spending
Carney has pledged to raise defense spending to 5 percent of gross domestic product by 2035 after Canada reached NATO’s previous 2 percent spending target this year
July 06, 2026 23:26
TORONTO: Canada selected Germany’s ThyssenKrupp Marine Systems on Monday to build 12 submarines, one of its largest military purchases, as it boosts defense spending to meet NATO targets.
The decision came before Prime Minister Mark Carney headed to this week’s NATO summit, where allies face pressure to back higher defense spending with concrete plans.
