Naval Assault: The Killing Tide

Naval Assault: The Killing Tide was a 2010 Xbox 360 game developed by Artech Studios and published by 505 Games.
Set in an alternate history where the Soviet Union has surrendered to the Nazis, the missions follow a US Naval Special Ops team operating a submarine during World War II as they battle the Axis powers.
The player controls a submarine in third person and has the ability to sink deep into the water, just under the water, and rise above the water. The submarine is equipped with long range torpedoes and gun turrets. The player will come across enemy depth charges, aircraft, and submarines.