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New Report Questions Hanwha Fit for Canada’s Submarine Deal as Lobbying Heats Up

A new analysis urges Ottawa to prioritize naval requirements over job pledges.

Overview

  • Canada’s shortlist for a new submarine class remains Hanwha Oceans and ThyssenKrupp Marine Systems after an August downselect announced by Prime Minister Mark Carney.
  • Analyst Stewart Webb of Defence Report says Hanwha’s submarines will likely require modifications to meet Canadian operational needs.
  • The analysis notes that public discussion has focused on economic benefits rather than in‑service support, potential vertical‑launch capability, and the degree of design revision required.
  • The report was published days before Carney’s planned visit to a Hanwha facility in South Korea and about a week before a major maritime defence industry conference in Ottawa.
  • Senior officials from TKMS and the German and Norwegian governments recently visited Ottawa to promote the German 212CD design.