Hanwha Aerospace expands Canadian push with defense vehicle joint venture
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Hanwha Aerospace expands Canadian push with defense vehicle joint venture

April 30, 2026
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Hanwha Aerospace said Thursday it had signed a memorandum of understanding with Canada's Automotive Parts Manufacturers’ Association and Hanwha Ocean to cooperate on the production of military and special-purpose vehicles in Ontario. The proposed joint venture is contingent on the outcome of Canada's planned purchase of up to 12 new diesel-powered submarines to replace the country's aging fleet, known as the Canadian Patrol Submarine Project.

Hanwha Aerospace expands Canadian push with defense vehicle joint venture

If Hanwha Ocean's Jangbogo-class submarine is selecte

The korea Herald News
The korea Herald News

Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.

South Korea
Bias: center

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