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OSI and TKMS have signed a Memorandum of Understanding to explore the use of Canadian ECPINS navigation software for future Royal Canadian Navy patrol submarines. The partnership is part of the Canadian Patrol Submarine Project, a government initiative to replace the Royal Canadian Navy's Victoria-class submarines.
TKMS has awarded Valbruna ASW Inc. an initial order for approximately 70 tonnes of non-magnetic submarine steel to support the Canadian Patrol Submarine Project. This order marks a significant step in the project's progression. The non-magnetic steel is crucial for the submarine's construction, ensuring its stealth capabilities.
The $80 billion Canadian Patrol Submarine Project represents one of the most consequential defense procurement decisions in modern Canadian history.