Article

Korean Air is open to supporting Hanwha Ocean's consortium in its bid for Canada's order of 12 patrol submarines, valued at 60 billion Canadian dollars ($43 billion). This deal would represent the largest single contract in Korea's defense export history.

Korean Air plans to join senior government officials and Hanwha executives on a visit to Canada. Although cooperation details are still pending, it is anticipated that Korean Air will purchase more aircraft from Bombardier.

Meanwhile, Hanwha Ocean and Babcock have proposed a trilateral agreement for the submarine project, emphasizing long-term industrial capability and job creation in Canada. They signed an exclusive teaming agreement last September, where Hanwha will provide the KSS-III submarine platform and Babcock will offer sustainment and lifecycle support. Their collaboration aims to align with Canadian interests in defense and local workforce development.