South Korea jostles with Germany for US$39 billion Canadian submarine deal (opens original article in a new tab)

South Korea and Germany are competing for Canada's US$39 billion submarine contract, with South Korea emphasizing its proven submarine technology.

• South Korea and Germany compete for a US$39 billion Canadian submarine contract.
• South Korea's bid includes the proven KSS-III-class submarine, while Germany's is a paper design.
• South Korea's president sought diplomatic support to secure the deal.