{"id":3446,"date":"2026-07-15T11:12:08","date_gmt":"2026-07-15T11:12:08","guid":{"rendered":"https:\/\/www.europesays.com\/defence\/3446\/"},"modified":"2026-07-15T11:12:08","modified_gmt":"2026-07-15T11:12:08","slug":"why-south-koreas-submarine-exports-are-running-aground","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/defence\/3446\/","title":{"rendered":"Why South Korea\u2019s submarine exports are running aground"},"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>\u2019s failed bid for <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>\u2019s next-generation submarine fleet has exposed a growing problem for one of Asia\u2019s fastest-rising defence exporters: price, speed and technology may no longer be enough.Analysts said the loss of the Canadian Patrol Submarine Project (CPSP) to <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/germany?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Germany<\/a>\u2019s ThyssenKrupp Marine Systems showed how <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/nato?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Nato<\/a> security ties and pressure on member states to favour allied industrial bases were increasingly outweighing commercial competitiveness in decisions over major purchases.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThe failure of the CPSP bid poured cold water on South Korea\u2019s defence industry, which has performed strongly in recent years,\u201d said Shin Jong-woo, secretary general of the Korea Defence and Security Forum, a Seoul-based think tank.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cAs far as submarines are concerned, exports appear doomed for the foreseeable future, even though they are highly competitive.\u201d<\/p>\n<p><img decoding=\"async\" alt=\"Canada\u2019s Prime Minister Mark Carney announces the winning bid to make 12 submarines for the country\u2019s navy on July 6. Hanwha Ocean was named as the \u201creserve supplier\u201d. Photo: The Canadian Press\/AP\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/defence\/wp-content\/uploads\/2026\/07\/2b133271-6c88-4dd6-b182-c31b9b392d5a_7cb5dc28.jpg\" title=\"Canada\u2019s Prime Minister Mark Carney announces the winning bid to make 12 submarines for the country\u2019s navy on July 6. Hanwha Ocean was named as the \u201creserve supplier\u201d. Photo: The Canadian Press\/AP\"\/>Canada\u2019s Prime Minister Mark Carney announces the winning bid to make 12 submarines for the country\u2019s navy on July 6. Hanwha Ocean was named as the \u201creserve supplier\u201d. Photo: The Canadian Press\/AP<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The setback has deepened concerns that South Korea\u2019s submarine industry could soon face a shortage of new orders, forcing its defence firms to pursue more overseas production through joint ventures and local manufacturing partnerships as defence protectionism intensifies.<\/p>\n","protected":false},"excerpt":{"rendered":"South Korea\u2019s failed bid for Canada\u2019s next-generation submarine fleet has exposed a growing problem for one of Asia\u2019s&hellip;\n","protected":false},"author":2,"featured_media":3447,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[867,192,407,14,363,92,2236,2234,2237,243,361,273,1439,2235,1190,26],"class_list":["post-3446","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-beijing","tag-canada","tag-china","tag-defence-industry","tag-european-union","tag-germany","tag-hanwha-ocean","tag-indonesia","tag-korea-defence-network","tag-nato","tag-poland","tag-russia","tag-safe","tag-seoul","tag-south-korea","tag-ukraine"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/posts\/3446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/comments?post=3446"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/posts\/3446\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/media\/3447"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/media?parent=3446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/categories?post=3446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/tags?post=3446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}