Hanwha Ocean is strengthening ties with Canadian companies as it advances its bid for the Canada Patrol Submarine Project (CPSP), a program to build up to 12 new diesel submarines.
The project is valued at about 60 trillion won when maintenance, repair, and operations over 30 years after introduction are included. In the bid evaluation, maintenance, overhaul, and logistics support account for 50%, while platform performance makes up 20%. As those areas are largely similar among competitors, Hanwha Ocean is focusing on industrial and economic contribution, which represents 15% of the assessment.
To improve its position in that category, Hanwha Ocean recently signed partnerships with Canadian companies OSI Maritime Systems, EMCS Industries, Techsol Marine, Jastram Technologies, and Curtiss-Wright, according to the shipbuilding industry on 29 March 2026.
Under the agreements, OSI Maritime Systems will provide electronic navigation solutions for Hanwha Ocean submarines. EMCS Industries will supply hull corrosion protection and marine biofouling prevention technologies. Techsol Marine will take charge of advanced power system integration and automation technologies. Curtiss-Wright will provide the towed sonar operation system.
The company is using these partnerships to strengthen cooperation with local firms that have expertise in navigation, detection, power, and maintenance, which are considered important to submarine operational capability.
Germany’s ThyssenKrupp Marine Systems (TKMS) is also expanding cooperation in Canada. On 4 March 2026, TKMS said it had partnered with Canadian defense company CAE to work on training operations and infrastructure, simulation systems, and facility management. The German government has also supported the effort by introducing a $1 billion Canadian combat management system (CMS) for its navy and pursuing a bid strategy based on offset trade.
