Canada’s Submarine Acquisition Scope Defined Canada intends to purchase eight to twelve new submarines, budgeting up to 60 trillion won, with the first vessel slated for delivery no later than 2035 [1][2].

Hanwha Ocean Secures Final Bid Position Alongside German Competitor Hanwha Ocean Co. has been shortlisted as one of the final two contenders for the Canadian Patrol Submarine Project, joining an unnamed German firm in the closing stage of the competition [1][2].

Canada and South Korea Discuss Expanded Indo‑Pacific Defense Cooperation During talks in Seoul, Canada expressed strong confidence in South Korea’s defense industry, proposed a “two‑plus‑two” meeting of foreign and defense ministers, and highlighted a desire to deepen Indo‑Pacific security and economic partnerships [1].

Hanwha Appoints Veteran RCN Officer to Lead Canadian Submarine Effort Hanwha Defence Canada named former Royal Canadian Navy officer Glenn Copeland as CEO of its Ottawa‑based unit, leveraging his 22 years of naval service and prior Lockheed Martin Canada leadership to strengthen the bid [2].