Hanwha Ocean shares sink 23% as it loses bid to build Canada's next fleet of submarines

July 7, 2026·Source: CNBC·2 views

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Canadian Prime Minister Mark Carney announced Monday that Germany's Thyssenkrupp Marine Systems would be the preferred supplier for delivering the submarines.

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Originally reported by CNBC. Read the original article

WORLD

Sweden's Saab posts record orders as fighter jet maker cashes in on higher defense spending

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CNBC·12h ago

Hanwha Ocean shares sink 23% as it loses bid to build Canada&apos;s next fleet of submarines

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Hanwha Ocean shares sink 23% as it loses bid to build Canada's next fleet of submarines

Sweden's Saab posts record orders as fighter jet maker cashes in on higher defense spending