Occasional Digest

Canada taps Germany’s ThyssenKrupp to build up to 12 submarines (TKAMY:OTCMKTS)

a sign of the headquarters of ThyssenKrupp

Teka77/iStock Editorial via Getty Images

Prime Minister Carney said Monday that Canada selected Germany’s ThyssenKrupp Marine Systems (TYEKF) (TKAMY) to build as many as 12 submarines, as the country boosts defense spending to meet NATO targets.

The planned purchase will be groundbreaking for Canada’s naval

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