TKMS and Magellan Sign Teaming Agreement to Support Heavyweight Torpedo Production and In-Service Support for the Canadian Patrol Submarine Project

February 12, 2026

TKMS and Magellan Aerospace Corporation (“Magellan”), a global, integrated aerospace company, have signed a Teaming Agreement 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 heavyweight torpedo production and the subsequent in-service support phase for the Canadian Patrol Submarine Project (CPSP).

“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.” 

In addition, the parties will investigate other programs with export potential for Magellan, leveraging TKMS’s international customer base and ongoing projects. This cooperation will draw on Magellan’s experience in complex fabrications, design, development, manufacturing and assembly, as program requirements are finalized.

“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.” 

Under the agreement, both companies are committed to combining their strengths to create sustainable, high-value industrial capabilities that will contribute significantly to the Canadian submarine program. The collaboration underscores TKMS’s continued commitment to working with Canadian industry partners to support sovereign defence capabilities, and reflects a joint commitment to increasing skilled employment opportunities, enhancing domestic value creation and fostering long-term economic benefits within Canada.

Source : ThyssenKrupp