At the Hanwha Ocean booth at CANSEC 2026 held in Ottawa, Canada, Vice President Jeong Seung-gyun, Head of the Special Ship Overseas Business Division, introduces the KSS-III model to Victor Fedeli, Ontario’s Minister of Economic Development. Provided by Hanwha Ocean
Competing with Germany in a KRW 60 trillion-class bid for Canada’s next-generation submarines, Hanwha Ocean mounted a final promotional push at CANSEC 2026, Canada’s largest defense exhibition, held in Ottawa, Canada, on the 27th and 28th (local time).
Hanwha Ocean provided protocol support to key Canadian government officials, including Victor Fedeli, Ontario’s Minister of Economic Development, and gave detailed explanations of the technology and other features of its submarine model, the KSS-III. In particular, it highlighted that, if awarded the contract, it could create more than 22,500 local jobs and generate an induced gross domestic product (GDP) effect worth USD 94 billion (approximately KRW 130 trillion).
The Canadian government is pursuing the “Canadian Patrol Submarine Project (CPSP)” to procure up to 12 new diesel-powered submarines to replace its aging fleet. As early as next month, it will select the final contractor between the Korean Hanwha Ocean–HD Hyundai Heavy Industries team and a German contender.
Choi Won-young
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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