HD Hyundai-Hanwha rapprochement boosts prospects for Canada sub bid
Expectations are rising that the recent reconciliation between HD Hyundai Heavy Industries (HHI) and Hanwha Ocean could lead the Royal Canadian Navy to place an order with one of them to build 12 submarines, worth 60 billion Canadian dollars ($43 billion), to replace its aging fleet.
Dec 2, 2024By Park Jae-hyuk