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South Korea sweetens submarine bid, will manufacture armoured vehicles in Canada if chosen
The company says a joint venture with the Automotive Parts Manufacturers' Association would use Canadian labor, parts and materials for military vehicles.
- On Wednesday, South Korean manufacturer Hanwha announced a partnership with the Automotive Parts Manufacturers Association to build military and industrial vehicles in Canada, strengthening its bid for the Royal Canadian Navy's submarine contract.
- Earlier this month, Ottawa extended the procurement bidding process after determining that initial proposals from Hanwha and TKMS lacked sufficient economic and industrial benefits to support Canada's automotive sector.
- Hanwha proposes a "sovereign Canadian automotive business unit" to produce non-commercial industrial vehicles using Canadian labour, steel, and aluminum for military and government operations.
- Prime Minister Mark Carney's government requested these industrial pledges to support domestic automotive workers; the submarine contract is valued between $60 billion and $120 billion over its life cycle.
- Canada aims to field its first new submarine by 2032, with fleet sustainment accounting for 50 per cent of the evaluation criteria that will determine the winning bidder.
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The South Korean manufacturer says he is ready to build artillery vehicles in Canada.
·Montreal, Canada
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Korean Firm Hanwha Pledges to Build Military Vehicles in Canada if Chosen for Submarine Contract
Korean defence manufacturer Hanwha Aerospace says it will build military vehicles and artillery systems in Canada using Canadian labour and materials if it is chosen by Ottawa as a supplier for an upcoming major submarine contract. The Carney government plans to buy up to 12 conventionally powered submarines in one of the largest military procurements in Canada’s history. It’s expected to announce a winning bidder as early as this year. Hanwha s…
·New York, United States
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South Korean defence equipment manufacturer Hanwha says he's ready to build artillery vehicles in Canada if he wins the bid.
·Montreal, Canada
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Coverage Details
Total News Sources39
Leaning Left25Leaning Right2Center8Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
C 23%
Factuality
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