{"id":120677,"date":"2026-07-08T00:47:09","date_gmt":"2026-07-08T00:47:09","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/120677\/"},"modified":"2026-07-08T00:47:09","modified_gmt":"2026-07-08T00:47:09","slug":"south-korea-loses-canada-submarine-deal-but-cements-top-tier-defence-status","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/120677\/","title":{"rendered":"South Korea loses Canada submarine deal but cements top-tier defence status"},"content":{"rendered":"<p><a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/south-korea?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">South Korea<\/a> may have lost Canada\u2019s multibillion-dollar submarine order, but analysts say its close-run contest with Germany has handed Seoul a different prize: proof that it can challenge one of the world\u2019s traditional undersea warfare powers on a stage watched closely by defence buyers.<a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/canada?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Canada<\/a> chose Germany\u2019s Thyssenkrupp Marine Systems (TKMS) as the preferred bidder for a programme worth about US$40 billion to build up to 12 diesel-electric submarines, along with long-term maintenance and support.\u201cI am pleased to announce that Canada has selected TKMS as the preferred supplier for Canada\u2019s patrol submarine project,\u201d Prime Minister <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/mark-carney?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Mark Carney<\/a> said on Monday.If negotiations with TKMS failed, Canada reserved the right to go to \u201creserve supplier\u201d <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/hanwha-ocean?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Hanwha Ocean<\/a> and begin negotiations with the South Korean consortium, he added.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Military experts said South Korea\u2019s performance had reinforced its growing reputation as a serious contender in the global submarine market, with the close contest suggesting its bid was competitive even as broader geopolitical considerations appeared to favour Germany.<\/p>\n<p><img decoding=\"async\" alt=\"A bottle of champagne is smashed on the hull of South Korea\u2019s first 3,600 tonne-class naval submarine during a ceremony at the Hanwha Ocean dockyard on October 22, 2025. Photo: Yonhap\/EPA\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/07\/6562797d-4e69-44b9-b32e-8ce3464a24df_52cf575b.jpg\" title=\"A bottle of champagne is smashed on the hull of South Korea\u2019s first 3,600 tonne-class naval submarine during a ceremony at the Hanwha Ocean dockyard on October 22, 2025. Photo: Yonhap\/EPA\"\/>A bottle of champagne is smashed on the hull of South Korea\u2019s first 3,600 tonne-class naval submarine during a ceremony at the Hanwha Ocean dockyard on October 22, 2025. Photo: Yonhap\/EPA<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Moon Keun-sik, an adjunct professor at Hanyang University\u2019s Graduate School of Public Policy, said South Korea showed a competitive edge. \u201cWith regard to performance and cost, Canadian authorities expressed satisfaction,\u201d the naval expert said.<\/p>\n","protected":false},"excerpt":{"rendered":"South Korea may have lost Canada\u2019s multibillion-dollar submarine order, but analysts say its close-run contest with Germany has&hellip;\n","protected":false},"author":2,"featured_media":120678,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[7129,35873,17,40891,1888,2830,40890,40892,40665,111,40889,691,3191,40133,40893],"class_list":["post-120677","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-arctic","tag-asan-institute-for-policy-studies","tag-canada","tag-canadian-forces-base-esquimalt","tag-germany","tag-hanwha-ocean","tag-hanyang-university","tag-k-defence","tag-lee-jae-myung","tag-mark-carney","tag-moon-keun-sik","tag-nato","tag-south-korea","tag-thyssenkrupp-marine-systems","tag-yang-uk"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/120677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=120677"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/120677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/120678"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=120677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=120677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=120677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}