Canadian Patrol Submarine Project
Sector: Government • Location: Sault Ste. Marie, Ontario, Canada
Source: Defence Industry Europe
Hanwha Ocean outlined its industrial plans for Canada’s future submarine programme, which aims to replace Canada’s ageing Victoria-class submarines and expand domestic industrial capacity. The programme is projected to contribute approximately $94.1 billion to Canada’s GDP between 2026 and 2044, generate $16.8 billion in tax revenue, and support approximately 22,500 jobs annually over an 18-year p
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Hanwha Ocean outlined its industrial plans for Canada’s future submarine programme, which aims to replace Canada’s ageing Victoria-class submarines and expand domestic industrial capacity. The programme is projected to contribute approximately $94.1 billion to Canada’s GDP between 2026 and 2044, generate $16.8 billion in tax revenue, and support approximately 22,500 jobs annually over an 18-year period. Hanwha has signed a memorandum of understanding with Algoma Steel for up to $345 million investment in a new structural steel beam mill in Sault Ste. Marie, Ontario, to secure Canadian-made steel for submarine production and maintenance. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |