Press Release
Hanwha Ocean was pleased to once again attend DEFSEC in Halifax, Nova Scotia on October 1 and 2, 2025.
Following selection by the Government of Canada as a qualified supplier for the Canadian Patrol Submarine Project (CPSP) in August 2025, Hanwha has continued its ongoing efforts to identify Canadian companies that can become partners and suppliers on CPSP and other programs.
This year at DEFSEC, Hanwha met with more than 35 companies and organizations, including Arcfield, Canada Economic Development for Quebec Regions, Canevas Design, Chantier Naval Forillon, Dafocom Solutions, Exfo, Federal Economic Development Agency for Southern Ontario, Genoa Design, GeoSpectrum Technologies, Hexsor, Imagine 4D, InnovMarine, InvestQuebec, Irving Shipbuilding, Lockheed Martin Canada, Marmen, Marecomms, Novolecs, Prairies Economic Development Canada, Rennaissance, SC Techno, Syntronic, Telenova, Trident Maritime Systems, Ultra Maritime and University of New Brunswick.
Hanwha is committed to establishing a robust and long-term presence in Canada and partnership with the Government of Canada and Canadian industry in a variety the areas that will create jobs and economic growth, accelerate Canada’s defence capabilities, and enhance cooperation, partnership and supply chains between Canada and South Korea – a relationship that is becoming more and more important, and one that supports the objectives of Canada’s Indo-Pacific Strategy.
Since 2023, Hanwha has met with hundreds of Canadian companies and signed Teaming Agreements and Memorandums of Understanding (MOUs) with more than a dozen, including Babcock Canada, BlackBerry, CAE, Curtiss-Wright Indal Technologies, Des Nedhe Group, Gastops, J Squared Technologies, L3 Harris and Modest Tree.
Further, Hanwha has entered into contracts with multiple Canadian firms. ModestTree, in Nova Scotia, was awarded a project to create a digital mock-up of the KSS-III CPS. Hepburn Engineering, in Ontario, was awarded a multi-million dollar contract for its Replenishment-at-Sea (RAS) system that will be installed on the Republic of Korea Navy’s AOE-II (Auxiliary Oiler and Explosives) vessels. Curtiss-Wright Indal Technologies, in Ontario, has supplied its Towed Array Handling System for the KSS-III.
Hanwha’s KSS-III Canadian Patrol Submarine is proven, in-service, in active production, and meets all the operational and urgent delivery requirements for CPSP, including superior underwater surveillance capability and deployability in the Arctic with extended range and endurance that will provide stealth, persistence and lethality to ensure that Canada can detect, track, deter and, if necessary, defeat adversaries in all 3 of its oceans.
Importantly, Hanwha can deliver four KSS-III CPS to fully replace Canada’s current Victoria Class fleet before 2035 if on contract in 2026. Earlier retirement of the Victoria Class fleet will result in estimated savings of approximately $1 Billion on maintenance and support costs. The additional 8 submarines will be delivered at a rate of one per year, meaning the entire fleet of 12 submarines can be delivered to Canada by 2043. No other option can come anywhere close to this delivery schedule.
