Agreement with ThyssenKrupp Marine Systems builds on promise to bring benefits to Canada if Ottawa accepts its bid ...

Hanwha Ocean Co. has appointed Glenn Copeland, a former Royal Canadian Navy officer, as chief executive officer (CEO) of its ...

South Korea is aiming to win Canada’s next-generation submarine program, a deal worth up to 60 trillion won, by offering more ...

Warship builder TKMS is in talks with Norwegian and German companies to offer a multi-billion dollar investment package to ...

Hanwha Ocean and British defense firm Babcock have proposed a trilateral cooperative agreement between Korea, the United ...

Korean Air said Monday it is open to supporting Hanwha Ocean’s consortium in its bid to beat Germany’s TKMS for Canada’s ...

Hanwha Ocean said Tuesday it has teamed up with UK-based defense firm Babcock to bid for the Canadian Patrol Submarine ...

ThyssenKrupp Marine Systems is courting a Canadian procurement order to build the next generation of Canadian submarines.

Ottawa narrowed its search to two conglomerates last year, and is now requesting commitments from Hyundai and Volkswagen ...

TKMS is in negotiations with Norwegian and German firms to propose a significant investment package to Canada, amidst competition from a South Korean bidding. Beyond submarines, the discussions ...

BERLIN (Reuters) -The Canadian Prime Minister announced Tuesday that a German-Norwegian partnership is one of the top contenders for Canada's new submarine program, as Ottawa and Berlin also agreed to ...

Joël Lightbound, Canada’s Minister of Government Transformation, Public Works and Procurement, and the Honourable Stephen Fuhr, Secretary of State (Defence Procurement), have announced that the ...