Hanwha Ocean said on the 31st that it took an all-out push for the final stage of winning the Canadian Patrol Submarine Project (CPSP) order by taking part in CANSEC 2026, Canada's largest defense industry exhibition.
During the exhibition, Hanwha Ocean focused on presenting the performance of the KSS-III submarine, which the Republic of Korea Navy is actually operating, and its strategy for industrial cooperation across Canada.
On the 28th, the second day of the event, Minister Vic Fedeli of Ontario's Ministry of Economic Development visited the Hanwha Ocean booth. Ontario is the center of Canada's manufacturing industry. The minister was said to have shown strong interest in Hanwha's cooperation model with the Automotive Parts Manufacturers' Association (APMA) and its local industry participation strategy.
In addition, key representatives from Canada's defense corporations, including Seaspan, Irving Shipbuilding, Babcock International Group PLC Canada, and CAE, as well as Invest Nova Scotia and the University of Waterloo—spanning government, industry, and academia—visited the Hanwha Ocean booth to discuss cooperation plans.
Within the venue, Hanwha Ocean introduced its industrial cooperation network built to date and the economic ripple effects through the Pan-Canada Economic Strategy. It also presented a vision that, if selected as the CPSP contractor in Canada, it could create more than 22,500 jobs annually and generate about $94 billion in economic effects based on the established industrial cooperation network.
Navy Chief of Staff Kim Kyung-ryul, Defense Acquisition Program Administration Commissioner Lee Yong-chul, and Ambassador to Canada Lim Ki-mo also met key figures from Canada's political and industrial circles at the Hanwha booth during the event to support efforts to win the CPSP order.
Hanwha Ocean CEO Kim Hee-cheul said, "Hanwha Ocean will become a long-term partner that contributes to strengthening Canada's security capabilities and economic growth, based on its proven submarine technology and industrial cooperation network across Canada."