LIG, Magellan Aerospace, and Hanwha Ocean Forge Alliance to Work on CPSP

Why It Matters

The partnership boosts Canada’s domestic submarine‑weapon capability, reducing reliance on foreign suppliers while creating a sustainable defence industrial base and export opportunities.

Key Takeaways

• LIG, Magellan, Hanwha sign MoU for Canadian submarine weapons
• Partnership targets local assembly of torpedoes, mines, SLCMs in Canada
• Phase one adds munitions production, later expands to SRM rockets
• Collaboration aims to export assembled systems to third‑party markets
• Initiative diversifies Canada’s defense supply chain and creates jobs

Pulse Analysis

The Canadian Patrol Submarine Project represents a strategic push to give Canada a sovereign under‑sea capability, a move accelerated by rising Arctic activity and NATO commitments. By securing a domestic supply chain for critical weapons, the government hopes to avoid the delays and geopolitical risks associated with overseas procurement. The new MoU positions Canada to develop a home‑grown ecosystem that can support the full lifecycle of submarine armaments, from design to maintenance.

LIG Defense & Aerospace brings a proven track record in heavyweight torpedoes, including the Baeksang‑eo and the fiber‑optic guided Tiger Shark, both fielded on South Korea’s KSS‑III submarines. Coupled with Magellan Aerospace’s precision manufacturing footprint in Canada, the partnership can rapidly set up assembly lines for torpedoes, mobile mines and submarine‑launched cruise missiles. Hanwha Ocean adds sonar and counter‑measure expertise, enabling a phased rollout that starts with munitions production, expands to local component sourcing, and eventually supports in‑country MRO capabilities.

Beyond immediate defence needs, the alliance aims to turn Canada into an export hub for assembled under‑sea weapons and solid‑rocket motors, targeting markets that seek reliable, NATO‑compatible systems. Diversifying the defence supply chain not only strengthens national security but also creates high‑skill jobs and stimulates ancillary industries. As the collaboration matures, it could set a template for future public‑private defence initiatives, positioning Canada as a credible player in the global under‑sea warfare market.