Submarine bidders willing to split contract as Canada's procurement process sets new standard

Bidders for Canada's new submarine fleet are open to the contract being split, with the procurement process described as exceptionally fast. The federal government is expected to decide on the order of up to 12 submarines by the end of June. Companies involved note the speed of this procurement is unprecedented for Canada. The economic approach to the contract may set a new standard for future defense deals, potentially involving broader industrial benefits beyond submarines.