Korea mounts final push for Canada's $39 bil. submarine project (opens original article in a new tab)

Korea is making final efforts to win Canada's $39 billion submarine project, competing against Germany's TKMS with a focus on proven technology and industrial cooperation.

• Korean government and Hanwha Ocean are competing for Canada's $39 bil submarine project to replace aging submarines.
• Hanwha's bid includes proven submarine technology and industrial cooperation packages, while Germany's TKMS faces challenges due to NATO ties.
• Canada's decision is expected by month's end, with factors like MRO capabilities and strategic alignment influencing the outcome.