Canada Explores $20B+ South Korean Sub, Vehicle Deal: Bypassing US Military-Industrial Complex
Three South Korean companies, with government backing, submitted a multibillion-dollar proposal to Canada to modernize its military. The proposal includes a $20-24 billion plan to replace Canada’s aging submarines by 2035, exceeding the current timeline. Additional proposals, exceeding $1 billion, offer artillery and armored vehicles, alongside the establishment of Canadian maintenance and potentially manufacturing facilities. This unsolicited bid represents a significant effort to secure Canadian military contracts, presenting a quicker alternative to traditional U.S. and European suppliers amid concerns about procurement timelines and capacity. The proposal emphasizes a long-term partnership focused on bolstering Canada’s defence industrial base.
John Q. Hosedrinker