Canada Next-Generation Submarine Procurement Project

planned

Canada is seeking to replace its aging submarine fleet with up to 12 next-generation vessels under a project estimated at around 60 billion Canadian dollars. South Korea is actively bidding for this project, which is strategically important and could elevate Korea's position in the global defense market. The project emphasizes long-term operational capability and technology transfer, aiming to build a long-term partnership rather than just delivering platforms.