Overview
- Babcock Canada won a six‑year, C$1.1 billion extension to the Victoria In‑Service Support Contract that was announced on Monday and includes options to extend support through the Victorias’ end of life.
- The deal keeps Babcock as the Royal Canadian Navy’s prime sustainment partner after more than 18 years and preserves specialist maintenance work such as structural repairs and hull re‑skinning.
- Babcock says the VISSC has driven roughly C$3.2 billion in economic impact since 2008, supported about 1,500 jobs a year, and sustained a supply chain of more than 450 Canadian firms.
- Canada has named Thyssenkrupp Marine Systems the preferred supplier for the Canadian Patrol Submarine Project and plans negotiations toward a contract by the end of 2027 with some initial deliveries possible around 2034 and broader replacement in the mid‑to‑late 2030s.
- The extension ensures operational availability for missions such as the Victorias’ participation in allied exercises like RIMPAC and positions Babcock to compete to sustain the future Type 212CD fleet, which would shape jobs and industrial work in coastal communities.