Close Menu
  • Home
  • London
  • St Thomas
  • Toronto
  • Oakville
  • Ottawa
    • Hamilton
    • Richmond Hill
    • Vaughan
    • Windsor
    • Simcoe
    • St. Catharines
    • Thunder Bay
    • Tillsonburg
    • Vaughan
    • Wasaga Beach
    • Waterloo
    • Whitby
    • Windsor
    • Hamilton
    • Kitchener
    • Oakville
    • Ottawa
    • Perth
    • Peterborough
    • Pickering
    • Port Elgin
    • Renfrew
    • Richmond Hill
  • Contact us
What's Hot
Remembering Ted Hill

Remembering Ted Hill

June 30, 2026
Former Councillor Proposes Unique Housing Initiative in Ward 4

Former Councillor Proposes Unique Housing Initiative in Ward 4

June 30, 2026
Tragic Incident Claims Lives of Two Boys and Their Father

Tragic Incident Claims Lives of Two Boys and Their Father

June 30, 2026
Oakville Motorcyclist Dies in Hockley Road Crash

Oakville Motorcyclist Dies in Hockley Road Crash

June 30, 2026
New Trade Agreement Between Ontario and Utah

New Trade Agreement Between Ontario and Utah

June 30, 2026
Facebook Instagram
Facebook Instagram
Ontario ChronicleOntario Chronicle
Subscribe
  • Home
  • London
  • St Thomas
  • Toronto
  • Oakville
  • Ottawa
    • Hamilton
    • Richmond Hill
    • Vaughan
    • Windsor
    • Simcoe
    • St. Catharines
    • Thunder Bay
    • Tillsonburg
    • Vaughan
    • Wasaga Beach
    • Waterloo
    • Whitby
    • Windsor
    • Hamilton
    • Kitchener
    • Oakville
    • Ottawa
    • Perth
    • Peterborough
    • Pickering
    • Port Elgin
    • Renfrew
    • Richmond Hill
  • Contact us
Ontario ChronicleOntario Chronicle
Home»Canadian Politics»Hanwha Group Boosts Submarine Bid in Canada
Views: 3863
Canadian Politics

Hanwha Group Boosts Submarine Bid in Canada

April 29, 20263 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Hanwha Group Boosts Submarine Bid in Canada
From left to right, National Defence Minister David McGuinty, South Korea's Prime Minister Kim Min-seok, Prime Minister Mark Carney and Hanwha Group vice-chairman Kim Dong Kwan chat after touring a submarine at the Hanwha Ocean Shipyard on Geoje Island, South Korea, on Oct. 30, 2025. (Adrian Wyld/The Canadian Press)
Share
Facebook Twitter LinkedIn Pinterest Email
South Korea’s Hanwha Group is making its bid for Canada’s multi-billion-dollar submarine program more appealing, presenting a revised proposal aimed at enhancing the nation’s defense industrial base.

The company has entered into a memorandum of understanding with Canada’s Automotive Parts Manufacturers’​ Association (APMA), committing to produce a range of armored vehicles in Canada if it secures the submarine contract.

A year ago, first reported that Hanwha Ocean and Hanwha Aerospace submitted an unsolicited offer to the federal government suggesting they could provide not just submarines but also K-9 mobile artillery guns and potentially armored vehicles.

As part of that proposal, company representatives mentioned their ability to set up an armored vehicle maintenance and manufacturing facility should Canada accept their offers.

In discussions with , Hanwha executives along with South Korean defense officials have highlighted their goal of assisting Canada in rebuilding its defense industrial capacity.

The recently announced partnership with APMA comes after the federal government granted both Hanwha Ocean and German contender TKMS extra time to refine the economic benefits aspect of their bids.

The deadline for updated proposals from both firms is Wednesday.

WATCH | South Korea wants to be Canada’s new military supplier:

South Korea wants to be Canada’s new military supplier

As Ottawa reconsiders U. S. weapons contracts, South Korean arms manufacturers aim to replenish Canada’s reduced military supplies ranging from howitzers to submarines. CBC’s Murray Brewster gained exclusive access to one firm striving to become Canada’s new high-tech arsenal.

Industry Minister Melanie Joly has publicly expressed support for possibly repurposing Canadian auto plants affected by the trade conflict with the U. S. into facilities for manufacturing military-grade vehicles.

Hanwha representatives indicate that this new partnership could include not only K-9 howitzers but also their Redback infantry fighting vehicles, Chunmoo multiple launch rocket systems, and remotely operated ground drones produced in Canada.

A factory like this would put Hanwha up against General Dynamics Land Systems Canada, which has maintained a long-term strategic relationship with the federal government for many years.

The company assures that these new vehicles will be entirely manufactured in Canada by Canadian workers using locally sourced parts and materials, including steel and aluminum.

According to Hanwha, it could generate “tens of thousands of automotive sector jobs for Canadians.”

Hanwha states it will collaborate with APMA to create a sovereign Canadian automotive business unit focused solely on designing and producing non-commercial industrial vehicles such as light-duty trucks and SUVs intended for use by the Canadian Armed Forces.


Source link

bids Canada Politics Canadian Politics Canadian Politics news Deadline Hanwha Koreas pot South submarine sweetens
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleOntario Plans to Eliminate Speed Cameras
Next Article Local Businessman Feels Investment Loss Amid Fraud Investigation
Casey Brooks
  • Website

Related Posts

Federal Green Home Program Returns to Four Provinces
Canadian Politics

Federal Green Home Program Returns to Four Provinces

June 29, 2026
First Nations Partner with Government for Nuclear Project
Ottawa

First Nations Partner with Government for Nuclear Project

June 29, 2026
South American political opposition pushes further right
USA Politics

South American political opposition pushes further right

June 29, 2026

Subscribe to Updates

Stay updated with the latest news and exclusive content from Ontario Chronicle, delivered straight to your inbox. Sign up now and never miss a story!

loader

At Ontario Chronicle, we are dedicated to bringing you the latest news and updates from across the vibrant cities of Ontario, Canada. From the bustling streets of Brampton to the serene landscapes of Burlington, from the cultural hub of Hamilton to the historic charm of London.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights
Former Councillor Proposes Unique Housing Initiative in Ward 4

Former Councillor Proposes Unique Housing Initiative in Ward 4

June 30, 2026
Hometown of Stephen Eustaquio Cheers on World Cup Goal

Hometown of Stephen Eustaquio Cheers on World Cup Goal

June 29, 2026
Break-In Reported at Wellesley Fire Station

Break-In Reported at Wellesley Fire Station

June 29, 2026
Facebook X (Twitter) Instagram Pinterest
  • Home
  • About us
  • Contact us
  • DMCA
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 OntarioChronicle.

Type above and press Enter to search. Press Esc to cancel.

Subscribe to Updates

Stay updated with the latest news and exclusive content from Ontario Chronicle, delivered straight to your inbox. Sign up now and never miss a story!

loader

✅

You're Subscribed!

Thanks for subscribing to Ontario Chronicle. You'll start receiving updates shortly.