Evaluations are underway for South Korean and German-Norwegian submarines, intended to signal serious defense spending.
3 reports, 1 independent
Updated Jul 5
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What happened
Evaluations are underway for South Korean and German-Norwegian submarines, intended to signal serious defense spending.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Mark Carney announced that Hanwha Ocean is the bidder for the Canadian submarine contract, amidst ongoing evaluations and market activity.Sub-event
- Mark Carney is headed to Ankara for the NATO summit, with a potential brief stop in Halifax. Meanwhile, Hanwha Ocean is competing against Germany's TKMS.Sub-event
Submarine procurement evaluations are being used to signal serious defense spending.1 source
Keep exploring
Part of
High-profile figures, including Hakan Fidan, Mark Carney, and Donald Trump, are involved in discussions ahead of the annual NATO summit hosted in Ankara.Also in this story
- Carl Bildt, co-chair of ECFR, participated in discussions at the NATO summit in Ankara, Turkey.
- Mark Carney met with NATO counterparts in Ankara on July 8th.
- NATO, Mark Carney, and others held high-level talks in Ankara focusing on defense budgeting and industry bids.
- Mark Carney and Donald Trump discussed Arctic protection during the NATO summit held in Turkey.
The entities involved
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Hanwha Ocean
shipbuilder of South Korea
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Mark Carney
24th prime minister of Canada since 2025