German shipbuilder TKMS has signed a teaming agreement with Finkl Steel – Sorel, a member of Swiss Steel Group and a Canadian manufacturer of high-performance forged steel components, aimed at strengthening industrial cooperation in support of Canada’s future submarine capabilities.

Under the agreement, the parties will jointly explore, develop and implement cooperation related to the melting and production of specialized stainless-steel material grade 1.3964 required for modern submarine platforms within the Canadian Patrol Submarine Project (CPSP).