*This content was translated by AI.
Hanwha Aerospace has decided to collaborate with the Automotive Parts Manufacturers' Association (APMA) of Canada.
On the 29th (local time), Hanwha Aerospace signed a memorandum of understanding (MOU) with APMA and Hanwha Ocean in Ontario, Canada.
This collaboration involves establishing a joint venture to produce military and industrial vehicles. The collaboration will commence if Hanwha Ocean's Jangbogo-III Batch-II (KSS-III Batch-II, hereinafter Jangbogo-class submarine) is selected for Canada's Coastal Protection Submarine Program (CPSP).
If Hanwha Ocean's Jangbogo-class submarine is selected for the CPSP, the joint venture plans to fully establish a development and production system for ground weapon systems required by the Canadian Army.
Additionally, vehicles will be produced using local materials and components such as Canadian steel and aluminum, and personnel hired locally will directly participate in the manufacturing process.
Aerospace Son Jae-il (CEO) stated, "This MOU marks the starting point for jointly promoting local production and global market expansion by combining Canada's manufacturing capabilities with Hanwha Aerospace's defense technology."
A Hanwha Ocean official, speaking to this newspaper by phone, said, "If the CPSP project is awarded, it will strengthen Canada's defense capabilities through a long-term partnership with the Canadian government and industry, and make a significant contribution to creating a sustainable industrial ecosystem in Canada."
A Hanwha Group official stated, "The award of the CPSP project will create favorable conditions for both South Korea and Canada."
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*This content was translated by AI.
