Canada is expected to choose between S. Korea's Hanwha Ocean and Germany's TKMS within 30 days for a submarine program worth an estimated $40 billion.

South Korea’s naval ambitions are facing their most significant overseas test yet as Hanwha Ocean vies for a deal that could be worth up to 60 billion Canadian

Canada is expected to choose between S. Korea's Hanwha Ocean and Germany's TKMS within 30 days for a submarine program worth an estimated $40 billion.

South Korea’s bid for Canada’s submarine project remains unclear, President Lee Jae Myung said Friday. “I met the German chancellor first, and then met the Cana