National Defence Minister David McGuinty, South Korea Prime Minister Kim Min-seok, Prime Minister Mark Carney and Hanwha Group Vice-Chairman Kim Dong Kwan speak among themselves after touring a submarine at the Hanwha Ocean Shipyard in Geoje Island, South Korea, on Oct. 30, 2025. The Canadian Press/Adrian Wyld
Engineering firm AtkinsRéalis Group Inc. has signed a memorandum of understanding with Hanwha Ocean, the South Korean shipbuilder hoping to win the contract for the Canadian navy’s next fleet of submarines.
The companies say the agreement is a first step and creates a framework for long-term collaboration to explore opportunities supporting Canada’s submarine capability.
