Analysis of the Current Status of Canada's Next-Generation Submarine Acquisition Project
The Canadian Next Generation Submarine Program (CPSP) has currently narrowed down to a two-way battle between South Korea's Hanwha Ocean and Germany's ThyssenKrupp Marine Systems (TKMS) . In this bidding war, which is worth a total of 60 trillion won, both countries are engaging in a last-minute competition by highlighting their respective strengths. [1, 2, 3] 1. Hanwha Ocean's Order Winning Competitiveness and Strengths Hanwha Ocean has 'proven performance' and 'fast delivery' as its core weapons. [4, 5] Reliable Model : It emphasizes the low technical risk by proposing the 3,000-ton class Jangbogo-III (KSS-III) Batch-II model, which is already in operation by the Korean Navy . Overwhelming delivery capability : They offered exceptional terms, including the ability to deliver the initial four vessels by 2035 by shortening the construction period, which typically takes nine years, to six years. Local Industry Coope...