Hanwha Ocean is entering the final stretch of its campaign for Canada's $40 billion submarine bidding, vying with Germany, amid an intensified race ahead of the announcement of the preferred bidder expected in little more than a month.

At the beginning of Canada’s closely watched $40 billion submarine bidding process, Korea appeared to be somewhat behind Germany, but the tide has since shifted.

As Canada prepares to award a contract to build submarines, Hanwha Corp. is offering to help in another realm: space. Find out more here

Hanwha Ocean is advancing its efforts to win a 60 trillion won ($39.8 billion) submarine bid from Canada, proposing an ambitious plan to boost the Canadian econ

Hanwha Ocean is entering the final stretch of its campaign for Canada's $40 billion submarine bidding, vying with Germany, amid an intensified race ahead of the announcement of…

OTTAWA - The race to build Canada's next submarine fleet is on its final lap as the federal government evaluates two rival bids for the lucrative contract.