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South Korea loses Canada submarine deal but cements top-tier defence status

South China Morning Post 08 July 2026 6h ago
South Korea loses Canada submarine deal but cements top-tier defence status
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South Korea may have lost Canada’s multibillion-dollar submarine order, but analysts say its close-run contest with Germany has handed Seoul a different prize: proof that it can challenge one of the world’s traditional undersea warfare powers on a stage watched closely by defence buyers. Canada chose Germany’s Thyssenkrupp Marine Systems (TKMS) as the preferred bidder for a programme worth about U
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