First reported by The Independent
Canada to decide between German, South Korean submarine bids on Monday
Canada's submarine decision: Beyond Hanwha's loss in 2 minutes
By
The Korea Herald
1d ago
Source
The Korea HeraldCanada's submarine decision: Beyond Hanwha's loss in 2 minuteskoreaherald.comAfter a highly publicized 10-month battle, South Korean shipbuilder Hanwha Ocean has lost its bid to supply Canada with multibillion-dollar submarines to Germany’s Thyssenkrupp Marine Systems. Canada selected TKMS as the preferred supplier for its Canadian Patrol Submarine Project on Monday, dealing a setback to Hanwha Ocean and its consortium partner HD Hyundai Heavy Industries. But the result also showed how far South Korea’s submarine industry has advanced, as Hanwha Ocean competed head-to-he
You might also wanna read
Hanwha Ocean Loses Out on 60 Trillion Won Canadian Submarine Deal
Seoul Economic Daily·1d ago
Hanwha Ocean Reaffirms K-Defense Strength Despite Canada Submarine Loss
Seoul Economic Daily·1d ago
Canada picks Germany’s TKMS for new submarines
Al Jazeera·1d ago
Hanwha Ocean Jumps 12% as Canada Submarine Decision Nears
Seoul Economic Daily·2d ago
Shipbuilding Stocks Slide as Canada Submarine Bid Fails; HD Hyundai Heavy Falls Over 5%
Seoul Economic Daily·1d ago
Canada nears decision on $39.3B submarine program; South Korea's Hanwha and Germany's TKMS in contention
Canada is nearing a decision on its Canadian Patrol Submarine Project, a major program to replace its aging Victoria-class submarines with u
upi.com·2d ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.