South Korea’s failed bid to win Canada’s next-generation submarine project has highlighted both the competitiveness of its defense industry and the limits it fa

Canada is nearing a decision on a major submarine program that could open the North American defense market to S. Korea's Hanwha Ocean or Germany.

Hanwha Ocean has lost its bid to supply Canada’s next-generation submarine fleet, after Ottawa selected Germany’s TKMS as the preferred bidder for...

South Korea has failed to win Canada's multibillion-dollar submarine program, with Germany's Thyssenkrupp Marine Systems (TKMS) selected as the preferred bidder

Canada has selected German shipbuilder Thyssenkrupp Marine Systems as the preferred bidder for its multibillion-dollar next-generation submarine project, dealin

Canada's decision to award its next-generation submarine program to Germany's Thyssenkrupp Marine Systems (TKMS) is more than the outcome of a comm...

Hanwha Ocean failed to clinch Canada’s largest-ever naval procurement project, but its head-to-head race with Germany’s Thyssenkrupp Marine Systems showed how f

Hanwha Ocean’s narrow defeat in Canada’s multibillion-dollar submarine procurement project has proven to be a strategic showcase for Korean defense...

South Korea’s failed bid to win Canada’s next-generation submarine project has highlighted both the competitiveness of its defense industry and the limits it fa

Interoperability with NATO was a crucial factor in Canada's selection of shipbuilders for its submarine fleet, as a Korean consortium lost to its G...

After a highly publicized 10-month battle, South Korean shipbuilder Hanwha Ocean has lost its bid to supply Canada with multibillion-dollar submarines to German