In the race to secure Canada’s next-generation undersea capabilities, industrial partnerships are becoming as critical as platforms themselves. The latest move: a new Teaming Agreement between thyssenkrupp Marine Systems (TKMS) and Magellan Aerospace Corporation aimed at strengthening Canada’s industrial backbone for heavyweight torpedo production and long-term in-service support under the Canadian Patrol Submarine Project (CPSP).

Signed in Wedel on February 12, 2026, the agreement establishes a framework for cooperation focused squarely on one of the most sensitive and strategically significant elements of submarine capability: underwater weapons.

At its core, the partnership is about more than components and contracts. It is about building sustainable, high-value industrial capabilities in Canada—pairing TKMS’s global defence expertise with Magellan’s six decades of experience in complex fabrication, engineering, precision manufacturing, and assembly.

Anchoring Sovereign Capability

As Canada advances its submarine renewal ambitions through the CPSP, ensuring domestic participation in production and sustainment is central to the program’s long-term success. Under the new Teaming Agreement, TKMS and Magellan will jointly explore, develop, and implement cooperation related to heavyweight torpedo production, as well as the subsequent in-service support phase.

The in-service support dimension is particularly significant. Submarines—and their associated weapon systems—require sustained technical oversight, lifecycle management, and precision maintenance over decades. Embedding that capability domestically supports sovereign control, skilled employment, and long-term economic value creation.

The collaboration also opens the door to exploring export opportunities for Magellan tied to TKMS’s international customer base and ongoing programs. As program requirements are finalized, the companies will draw upon Magellan’s expertise in complex fabrication, design, development, manufacturing, and assembly to position Canada not just as a user of advanced undersea technologies—but as a contributor to global supply chains.

Building on a Proven Relationship

This is not a new partnership, but rather an evolution of an established industrial relationship.

“TKMS and Magellan have built up a long-lasting relationship, as both parties have successfully been developing two sections of the Anti-Torpedo Torpedo that is expected to be introduced to the market in 2029,” said Michael Ozegowski, Executive Vice-President at ATLAS ELEKTRONIK. “TKMS signed the contract for the design engineering phase of the final assembly facility for the Anti-Torpedo Torpedo at the Rockwood plant. We are looking forward to strengthening our cooperation and collaboration with Magellan, a strategic supplier to Canada and to the defence industry in general.”

The reference to the Anti-Torpedo Torpedo underscores the technical depth of the relationship. Advanced countermeasure systems represent some of the most sophisticated elements of modern naval warfare. The ongoing cooperation at Magellan’s Rockwood facility signals the kind of specialized manufacturing and engineering ecosystem that could underpin future CPSP-related production and sustainment.

Expanding Canada’s Undersea Industrial Base

For Magellan, the Teaming Agreement reflects both continuity and expansion.

“Building on our collaboration with TKMS, Magellan is pleased to expand our partnership in support of the Canadian Patrol Submarine Project,” said Mr. Haydn Martin, Vice President, Business Development, Marketing and Contracts at Magellan Aerospace. “With six decades of expertise delivering mission critical defence propulsion technologies across air, sea, and space—and proven expertise in propulsion, engineering, and precision manufacturing—this partnership reflects a shared commitment to reliable, innovative undersea capabilities that support Canada’s national security objectives.”

The emphasis on propulsion, engineering, and precision manufacturing aligns directly with the industrial demands of heavyweight torpedo production. These systems require exacting tolerances, advanced materials expertise, and a secure, controlled production environment—capabilities Magellan has developed across aerospace and defence domains.

For TKMS, the agreement reinforces its stated commitment to working with Canadian industry partners to support sovereign defence capabilities. Beyond immediate program requirements, the collaboration reflects a broader intent: strengthening long-term industrial capacity, increasing skilled employment opportunities, enhancing domestic value creation, and fostering durable economic benefits within Canada.

A Long-Term Industrial Play

Heavyweight torpedo production and in-service support are not short-term undertakings. They demand decades-long continuity, technical mastery, and industrial resilience. By formalizing their cooperation now, TKMS and Magellan are positioning themselves within the foundational layers of Canada’s future submarine enterprise.

As the CPSP advances and requirements mature, the partnership will serve as a structured mechanism to translate program needs into tangible Canadian industrial participation. And by integrating export potential into the framework, the agreement signals an ambition that extends beyond domestic delivery—toward participation in broader international defence markets.

In Canada’s evolving submarine landscape, platforms may dominate headlines. But it is partnerships like this—quietly building production capacity, sustainment expertise, and export pathways—that ultimately define the depth and durability of sovereign capability.