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South Korean Shipbuilding Giants Team Up to Pitch $24B Submarine Deal to Canada

by Olawunmi Sola-Otegbade May 6, 2025

by Olawunmi Sola-Otegbade May 6, 2025

South Korean rivals Hanwha Ocean and Hyundai Heavy Industries have joined forces in an unprecedented $20-billion to $24-billion bid to supply Canada with 12 advanced KSS-III submarines. Submitted as an …
Tech
South Korean Firms Propose Multibillion-Dollar Defence Partnership to Modernize Canada’s Military

by Adetoun Tade May 5, 2025

by Adetoun Tade May 5, 2025

A coalition of three South Korean companies has presented Canada with a groundbreaking multibillion-dollar offer aimed at overhauling the country’s military capabilities. The unsolicited proposals, submitted in March, promise rapid …

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