In 1981, an $80 million Canadian diesel-electric submarine quietly snuck through the screen of destroyers, cruisers, and air ...

South Korea’s Hanwha and Germany’s TKMS are shortlisted for the contract, and sources have said Ottawa is considering a mixed ...

“I hate talking about combat drills when the U.S. Navy lost, and many times, lost aircraft carriers in simulations. But, hey, ...

Hanhwa announced a joint venture with Canada’s Automotive Parts Manufacturers’ Association to build the promised submarines ...

The MarketWatch News Department was not involved in the creation of this content. -- TKMS and Seaspan Shipyards have signed a Teaming Agreement to collaborate on supporting the Government of Canada in ...

South Korea’s Hanwha Ocean Co. said it will partner with Canadian auto parts firms to build armored vehicles if it wins a ...

South Korean defence manufacturer Hanwha says it's ready to build military vehicles in Canada in a partnership with the ...

Defense training-technology supplier CAE is teaming with TKMS AG to support the German company's bid to land a multibillion-dollar Canadian government order for naval submarines able to patrol the ...

Popular exports from South Korea include everything from K-pop singles and portable electronics to automobiles and heavy equipment. The nation's large industrial conglomerates are now also hoping to ...

Hanwha Group is offering to bring production of Hanwha Aerospace's ground weapons to Canada to help its fellow subsidiary, ...

The Teaming Agreement establishes a framework for cooperation between CAE and TKMS in support of the Canadian Patrol Submarine Project (CPSP). The Teaming Agreement also provides a basis for exploring ...