On February 26, 2026, Canada's MoD announced that it awarded a contract to Safran Trusted 4D Canada Inc. to provide digital ...

Ottawa will have to perform a delicate balancing act between learning from procurement mistakes, pivoting to new supply ...

Canada's high-speed push to replace its aging Victoria-class submarines reaches a pivotal moment on Monday as South Korea's Hanwha Ocean and Germany's TKMS submit formal bids in a program worth more ...

Add Yahoo as a preferred source to see more of our stories on Google. Thyssenkrupp Marine Systems CEO Oliver Burkhard (R) gestures as he talks to German Defense Minister Boris Pistorius (2nd R) during ...

Both Germany’s TKMS and South Korea’s Hanwha submitted their final bids to win a lucrative contract to build Canada’s next generation of submarines ahead of the March 2 deadline.

Canada won’t decide who will build new submarines for the Royal Canadian Navy until 2028, but the program is lucrative enough that bidders are already working to shore up suppliers and support, ...

VICTORIA, British Columbia - Canadian Prime Minister Mark Carney will head to South Korea in late October to visit Hanwha Ocean's facilities as the competition to provide Canada with a new submarine ...