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Norway, Germany to buy six submarines from Thyssenkrupp – Metro US

Norway, Germany to buy six submarines from Thyssenkrupp

FILE PHOTO: A logo of Thyssenkrupp AG is pictured at
FILE PHOTO: A logo of Thyssenkrupp AG is pictured at the company’s headquarters in Essen

OSLO (Reuters) – Norway will order four submarines from Germany’s Thyssenkrupp for 45 billion crowns ($5.3 billion), while Germany will purchase another two, the defence ministries in Oslo and Berlin said on Tuesday.

Norway and Germany, both NATO members, are jointly procuring identical submarines from Thyssenkrupp’s shipbuilding division.

Germany agreed to order two submarines from Thyssenkrupp, pending approval from the German parliament, the defence ministries said.

The signing of the contract is due this summer, the ministry in Oslo said, with the first submarine due for delivery in 2029.

As part of the deal, Norway and Germany have also agreed to buy missiles jointly and to finance the development of a new type of missile.

In 2017, Norway and Germany agreed in principle to build the submarines as part of a closer cooperation of the countries’ navies. Originally, they aimed to sign the contract with ThyssenKrupp in 2019.

Thyssenkrupp’s partner on the submarine project is Norway’s Kongsberg Gruppen.

($1 = 8.5587 Norwegian crowns)

(Reporting by Gwladys Fouche in Oslo and Sabine Siebold in Berlin; Editing by Terje Solsvik, Mark Potter and Jonathan Oatis)