(3rd LD) S. Korea loses bid for Canadian submarine program to Germany's TKMS

🇰🇷 Yonhap News (KR) —
(3rd LD) S. Korea loses bid for Canadian submarine program to Germany's TKMS

AI Summary

A South Korean consortium has lost the bid for the Canadian submarine program to Germany's ThyssenKrupp Marine Systems (TKMS). This defeat highlights ongoing competition in global naval defense contracts.

SEOUL/WASHINGTON, July 7 (Yonhap) -- A South Korean consortium has failed to win...

Security Conflict Politics Deals submarine program South Korea Canada Germany TKMS naval defense bid

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