Key facts
- Canada expects to select a preferred bidder for its submarine program within 30 days.
- The program could be Canada's largest procurement ever.
- Stephen Fuhr, Canada's Secretary of State for Defence Procurement, announced the timeline.
- TKMS and Hanwha Ocean are the two qualified suppliers.
- The decision will lead to detailed contract negotiations with the preferred supplier.
Canada is nearing a decision on its significant submarine program, with a preferred bidder expected to be chosen within the next month. Secretary of State for Defence Procurement Stephen Fuhr indicated that this initiative could become the largest procurement in the country's history.