MILITARY● ELEVATEDJul 8 · Jul 8, 2026, 12:00 AM
South Korea loses Canada submarine deal but cements top-tier defence status
South China Morning Post
South Korea may have lost Canada’s multibillion-dollar submarine order, but analysts say its close-run contest with Germany has handed Seoul a different prize: proof that it can challenge one of the world’s traditional undersea warfare powers on a stage watched closely by defence buyers. Canada chose Germany’s Thyssenkrupp Marine Systems (TKMS) as the preferred bidder for a programme worth about US$40 billion to build up to 12 diesel-electric submarines, along with long-term maintenance and...
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