US EditionSouth Korean shipyard sweetens its submarine sales pitch to Canada
Hanwha proposes building 12 submarines costing $20-24 billion and offers extensive industrial partnerships including Canadian manufacturing facilities to support long-term operations.
- Hanwha Oceans is offering various industrial-technological collaborations involving investments in Canadian industries like lithium-ion battery production, LNG, aerospace, steel, critical minerals, and sustainable energy to sweeten its submarine sales pitch to Canada.
- Hanwha has offered to construct two submarine 'sustainment' facilities on both coasts and envisions a manufacturing facility in Canada to build tanks, rockets, howitzers, and resupply vehicles.
- Hanwha's CEO Michael Coulter said the company wants 'to have the entire life cycle' of the submarines, 'support, maintenance, all of that,' operated 'in Canada by Canadians' for 'decades to come.
36 Articles
36 Articles
South Korean Shipyard Sweetens Its Submarine Sales Pitch to Canada
One of two finalists in the competition to build the Royal Canadian Navy’s next fleet of submarines is pitching multiple industrial partnerships and economic benefits in the hopes of sealing the deal. Hanwha Oceans is floating various industrial-technological benefit collaborations that could involve investments in Canadian lithium-ion battery production, liquefied natural gas, aerospace, steel, critical minerals mining and sustainable energy. A…
Winnipeg Free Press
South Korean shipyard sweetens its submarine sales pitch to Canada
Breaking News, Sports, Manitoba, Canada
OTTAWA—One of the two companies still competing for the construction of the next Royal Canadian Navy submarine fleet is relying on several industrial partnerships and economic benefits in the hope of winning the contract. Hanwha Oceans, a South Korean company, offers several industrial and technological collaborations that could include investments in Canadian lithium-ion battery production, liquefied natural gas, aerospace, steel, essential min…
South Korean Shipyard Makes Its Submarine Sales Pitch To Canada - Canadian Manufacturing
One of two finalists in the competition to build the Royal Canadian Navy’s next fleet of submarines is pitching multiple industrial partnerships and economic benefits in the hopes of sealing the deal. Hanwha Oceans is floating various industrial-technological benefit collaborations that could involve investments in Canadian lithium-ion battery production, liquefied natural gas, aerospace, steel, critical minerals mining and sustainable energy. A…
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