By David Dunlop, 23 May 2026
As we are quickly approaching the decision by Canada and the Carney government coming next month, I believe this article, "Inside the Yard that could Very Well Build Canada's Next Submarine Fleet," published in Vanguard Magazine is important. I am sending a link [see below] to Broadsides forum members so they can read it and discuss.
This article is about the Hanwha Ocean yard that, as noted, could very well build Canada's next submarine fleet. As it stands, the build is rapidly coming down to a decision in June 2026 on these two companies. South Korea's Hanwha Ocean's KSS-III Submarine VS Germany's TKMS Type 212CD Submarine. Both companies have excellent yards and Canada could do no better than either one of them as the winning bid. With this article, and in my own opinion, Hanwha Ocean seems to have a slight edge. It will be exciting to see which company Canada finally chooses! Please feel free to discuss with forum members as to your own opinions on this article.
Image: The second of the KSS-III class submarines being built for the South Korean navy at sea in an image uploaded in April 2023. The KSS-III is one of the prospective contenders for Canada's submarine replacement project. Credit: Republic of Korea Defense Acquisition Program Administration
