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Britain, Norway enter Korea-Germany bidding for $40B Canadian submarine project

Britain, Norway enter Korea-Germany bidding for $40B Canadian submarine project

cross-posted from: https://scribe.disroot.org/post/7675915

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The high-stakes competition between Korea and Germany for a 60 trillion won ($40 billion) submarine contract with the Canadian Navy has become more complicated.

The bid to build 12 submarines is also turning more multinational as Britain is backing Hanwha Ocean through a strategic partnership with Babcock International — the British defense giant currently responsible for maintaining Canada’s submarine fleet. Germany’s bid, meanwhile, is being aided by Norway, which has already purchased German Type 212CD submarines.

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