Canadian Prime Minister Mark Carney announced on Monday that Canada will purchase up to a dozen submarines from German firm ThyssenKrupp Marine Systems (TKMS) in what he called "the largest procurement in Canadian history."

TKMS beat out South Korean company Hanwha Ocean for the lucrative contract. The deal comes ahead of a NATO summit scheduled to take place in Ankara, Turkey.

The announcement also comes as US President Donald Trump pressures NATO allies to bolster their defense spending. Carney framed the purchase as a key step in strengthening Canada's military capabilities and its commitment to the alliance.

Analysts note that the submarines are expected to enhance Canada's naval presence in the Arctic and Atlantic regions, addressing long-standing capability gaps. The exact financial terms and delivery timeline have not been disclosed.

This is a breaking news story and will be updated as more details emerge.

Source: www.dw.com