PK-LIVE NEWS

TKMS beats South Korean rival to multibillion-dollar contract that will deepen Canada’s Nato ties

Canada has selected a German consortium to build a dozen cutting-edge submarines in one of the country’s largest-ever defence contracts that will further deepen its Nato ties before a crucial summit this week.

On Monday the prime minister, Mark Carney, announced the winner of a tightly contested battle for the lucrative government contract to replace its fleet of ageing, secondhand subs, most of which are undergoing maintenance.