Overview
- Final proposals from South Korea’s Hanwha Ocean with HD Hyundai and Germany’s TKMS with Kongsberg were submitted this week, triggering a federal evaluation expected to take several weeks.
- Secretary of State for Defence Procurement Stephen Fuhr said the government still plans to award the entire program to one supplier, a stance the navy’s commander supports for fleet efficiency.
- Unnamed sources previously told The Globe and Mail that Ottawa is considering a 6–6 split, and all bidders say they could fulfill a halved order if required.
- South Korea’s Industry Minister Kim Jung-kwan met Canadian Industry Minister Melanie Joly in Ontario to promote wider industrial cooperation linked to the bid, including Hyundai Motor’s hydrogen mobility proposal.
- Bidders highlight an unusually rapid process with streamlined documents and timelines, while Ottawa’s emphasis on offsets points to potential investments spanning steel, space launch and the auto sector.