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Showing posts with the label Canadian Submarine Replacement Project

South Korea aims to ink a $24 billion dollar submarine deal.

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South Korea aims to ink a 24 billion dollar submarine deal: With Canada. South Korea, officially known as the Republic of Korea (ROK), has proposed a $24 billion deal for submarines to meet the needs of Canada’s Patrol Submarine Project. This project is prioritized by the Department of Defence as Canada's flagship military initiative for the 2030s, aiming to acquire 12 new submarines capable of defending the world's longest coastline. The ROK is offering its advanced Block 3 KSS-III diesel-electric submarines (SSK) featuring Air Independent Propulsion (AIP), which allows for submerged endurance of approximately 20 days. The ROK's proposal aligns with Canada's requirement to have new submarines in service by 2035, with plans to provide four submarines in Canadian service by that date. By the late 2030s, Canada will retire all of its Victoria-class submarines. The delivery of the 12 submarines will be fulfilled by Hanwha Ocean and Hyundai Heavy Industries, who are designi...

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