Episode

Submarine Race: Hanwha vs. TKMS for Canada's Contract

Podcast
Montreal News Today | 2 Min News | The Daily News Now!
Published
May 23, 2026
Duration seconds
103
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not_requested
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Summary

Hanwha Oceans Submarine Bid: A Pacific Journey for Canadas Future - The South Korean submarine, ROKS Dosan Ahn Chang-ho, embarked on a 14,000 km voyage to Victoria, B.C., showcasing its long-range capabilities. Hanwha Ocean and German rival TKMS vie for Canadas $10 billion submarine contract, promising jobs and investments. The government is set to decide within weeks, with urgency to become a submarine nation. Hanwhas strategic moves include agreements with automotive and steel companies, potentially creating 22,500 jobs by 2044. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/be87a150f6a2ac78