POLITICO – Morning Defense

Inside Seoul’s Bid for Canada Submarine Contract

Canada is preparing to replace its aging Victoria‑class submarines, launching its largest defence procurement to date. South Korea’s Hanwha Ocean, backed by Hyundai Heavy Industries, is vying against Germany’s ThyssenKrupp Marine Systems for the contract. Both governments are pitching comprehensive economic partnerships, promising jobs and technology transfers beyond the submarines themselves. The bid has become a matter of national pride in South Korea, with public and political pressure mounting to secure the deal.