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Canada selects German company to build submarine fleet as it boosts NATO spending

Canada selects German company to build submarine fleet as it boosts NATO spending

Summary

Canada chose Germany’s ThyssenKrupp Marine Systems to build up to 12 submarines, marking its biggest military purchase ever. This announcement came just before Prime Minister Mark Carney attended a NATO summit focused on increasing defense budgets among member countries.

Key Facts

  • Canada will buy up to 12 submarines from the German company ThyssenKrupp Marine Systems.
  • The deal is the largest military procurement in Canada's history.
  • Prime Minister Mark Carney made the announcement on a Monday before attending a NATO meeting.
  • The NATO summit is encouraging countries to have clear plans for higher defense spending.
  • The submarine purchase is part of Canada’s effort to strengthen its military capabilities.
  • NATO members are under pressure to support increased defense budgets with real actions.
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