One of two finalists in the competition to build the Royal Canadian Navy’s next fleet of submarines is pitching multiple industrial partnerships and economic benefits in the hopes of sealing the deal.
Hanwha Oceans is floating various industrial-technological benefit collaborations that could involve investments in Canadian lithium-ion battery production, liquefied natural gas, aerospace, steel, critical minerals mining and sustainable energy.
Although the firm is keeping its cards to its chest on the specifics—part of an unsolicited proposal it made to the Canadian government in July—the company promises more details in the coming weeks and insists the investments would be significant….