Hanwha Ocean Emerges as Strong Contender for Canada's Next-Generation Submarine Program

Hanwha Ocean is drawing attention as a leading contender in Canada's Canadian Patrol Submarine Project (CPSP), a major initiative to replace the aging Victoria-class submarines. The program, which could involve up to 12 submarines, is considered one of the largest naval modernization efforts in Canadian history.

The company is offering the KSS-III (Dosan Ahn Chang-ho-class) submarine, a platform already in active service with the Republic of Korea Navy. By leveraging a proven design and an existing production line, Hanwha Ocean emphasizes its ability to deliver submarines on an accelerated timeline, addressing concerns over potential capability gaps in Canada's underwater fleet.

Beyond submarine procurement, Hanwha Ocean is pursuing broader industrial cooperation with Canadian partners across shipbuilding, maintenance, artificial intelligence, satellite communications, and other sectors. Industry observers view the project as a significant opportunity not only for Canada's naval modernization but also for expanding South Korea's defense industry presence in the North American market.