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flag Hanwha competes for Canada’s $30B submarine deal with its stealthy KSS-III design, offering jobs and tech transfer.

flag Hanwha is competing for Canada’s $30 billion submarine contract to build 12 new diesel-powered subs, pitching its KSS-III design with advanced stealth and Arctic capabilities. flag The company, backed by a high-level Canadian trade mission, offered to establish a torpedo manufacturing plant in Canada and emphasized job creation and technology transfer. flag Final proposals are due March 2, 2026, with the decision based on cost, delivery speed, and industrial benefits. flag Hanwha faces off against Germany’s ThyssenKrupp, as Canada seeks to modernize its navy amid Arctic security concerns and trade tensions.

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