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Cansec

All articles tagged with #cansec

canada14 hours ago

Carney's Defense Push Faces the Procurement Crunch

Canada’s prime minister has pledged to lift defense spending to 4% of GDP by 2030 (toward NATO’s 5% target by 2035) and to speed up domestic defense capabilities with a new Defence Investment Agency. At CANSEC, industry cheer was tempered by a lack of concrete procurement plans and timelines, with companies seeking a clear path from R&D to signed contracts within 12 months. Critics say the government must deliver a refreshed, detailed investment plan this fall outlining what will be bought, when, and by whom, or confidence in Canada’s defense industrial base could falter.

Germany pitches 212CD submarines to Canada at CANSEC, tying deals to transatlantic ties
world2 days ago

Germany pitches 212CD submarines to Canada at CANSEC, tying deals to transatlantic ties

At CANSEC, German Defense Minister Boris Pistorius urged Canada to buy TKMS’s Type 212CD submarines as part of a German‑Norwegian bid for up to 12 boats (potentially four for Canada by 2036), arguing the C$60B contract would boost GDP by about C$86B, total output by C$167B, and 650,000 job-years, while tightening NATO interoperability and transatlantic economic ties; Ottawa’s decision, expected by early July, will face competition from South Korea’s Hanwha Ocean.