CAE enters teaming deal with TKMS

Executive Summary

• CAE Inc. has signed a teaming agreement with TKMS to support TKMS's bid for the Canadian Patrol Submarine Project (CPSP).
• The partnership combines TKMS's submarine design and construction expertise with CAE's simulation-based training and mission system support capabilities.
• CAE will provide a comprehensive, long-term training and sustainment capability tailored to the Royal Canadian Navy's future submarine fleet, replicating real-world operations to ensure crew readiness.

Key Details

• Parties Involved: CAE Inc. and TKMS (ThyssenKrupp Marine Systems).
• Project Target: Canadian Patrol Submarine Project (CPSP) for the Royal Canadian Navy.
• Scope of Agreement:
  • CAE will support TKMS's bid by delivering a comprehensive, long-term training and sustainment capability.
  • Solutions will closely replicate real-world submarine operations to build crew confidence and expertise.
• Strategic Role: CAE is identified as a strategic partner for TKMS in broader international and export subsurface and surface naval programs that include training and simulation components.
• Strategic Goals: Strengthen RCN readiness, support Canada's long-term security, safeguard Canadians, and protect Canada's coastline and Arctic interests.

Notable Quotes

• Matt Bromberg, President and CEO, CAE: "CAE is proud to stand with TKMS as Canada moves forward on its next generation of submarine capability... Together, we are strengthening the RCN's readiness and supporting Canada's long-term security."
• Oliver Burkhard, CEO, TKMS: "Through this agreement with CAE, we are strengthening our ability to deliver an integrated and sustainable training solution as part of Canada's patrol submarine project... We look forward to deepening our co-operation in support of Canada's submarine program."