submarine deal

India to acquire German-designed submarines in $8 billion deal

India is set to sign an $8 billion deal for German-designed Type 214 submarines, featuring air-independent propulsion (AIP) technology. The move aims to bolster India's naval capabilities amid rising tensions in the Indo-Pacific, driven by China's growing naval power and Pakistan's military ties with Beijing. The submarines will be built in India, involving technology transfer.

South Korea proposes $3.4 billion hydrogen truck project to Canada linked to submarine deal

South Korea has proposed 'Project Beaver,' a $3.4 billion (3.1 billion CAD) hydrogen truck initiative to Canada, linked to Hanwha Ocean's bid for a next-generation submarine contract. The project involves building hydrogen plants and manufacturing facilities in Canada, creating an estimated 9,000 jobs.

Australian Politics: Submarine Deal, Housing Market Woes, and Tony Abbott's Return

Australia's government faces scrutiny over a revised AUKUS submarine deal, a softening housing market, and the return of Tony Abbott to Liberal Party leadership. Ministers defend economic policies amid concerns about interest rates and Middle East conflict.

Australia Defends AUKUS Submarine Deal Amid Tariff Concerns

Australia's Defence Minister Richard Marles defended the AUKUS submarine deal, refusing to detail the age of used Virginia-class submarines. Trade Minister Don Farrell met with his US counterpart in Paris to discuss proposed 12.5% tariffs on Australian exports, which the government deems unfair.

South Korean presidential aide seeks fair evaluation for submarine deal in Canada

South Korea's presidential chief of staff, Kang Hoon-sik, visited Canada to lobby for a submarine deal, urging Canadian officials to make an "objective and fair" evaluation of Seoul's capabilities and the economic benefits of the proposed partnership.

Presidential aide lobbies Canadian officials for submarine deal

Presidential aide Kang Hoon-sik lobbied Canadian officials, including the Prime Minister's Chief of Staff and parliamentary committee members, to support South Korea's bid for a submarine contract. He highlighted economic benefits and potential job creation.

Australia's Submarine Deal Faces Scrutiny Over Shifting Plans and Confusing Language

Australia's plan to acquire nuclear-powered submarines has shifted, with the government now opting for three used Virginia-class submarines instead of a mix of new and used. Officials faced scrutiny for the change, with critics accusing AUKUS of damaging public confidence and the English language.

South Korea Links Energy & Resource Cooperation to Submarine Deal with Canada

South Korea is leveraging energy and resource supply chain cooperation as a final push for Canada's next-generation submarine program (CPSP). A joint forum in Ottawa discussed expanding cooperation in oil, LNG, and critical minerals, aiming to secure stable supplies and diversify export markets.

South Korea, U.S. Launch Follow-up Talks on Nuclear-Powered Submarine Deal

South Korea and the U.S. began follow-up negotiations on a deal for Seoul's nuclear-powered submarines, with discussions also covering uranium enrichment and wartime operational control transfer.

Labor MP warns of risks to Aukus submarine deal

Labor MP Ed Husic has warned Australia needs a backup plan for the Aukus submarine deal due to sluggish US production and the "transactional nature" of the Trump administration. Defence Minister Richard Marles agreed to accept three second-hand Virginia-class submarines from the US.

Peter Garrett to lead Aukus submarine deal review

Former environment minister Peter Garrett will lead a crowd-funded review of Australia's A$368bn Aukus submarine deal. The inquiry will examine the deal's impact on safety, regional security, sovereignty, and relations with China.

Australia's AUKUS Submarine Deal Shifts to All Used Vessels

Australia's AUKUS submarine plan now involves acquiring three used Virginia-class nuclear-powered submarines from the US, a shift Defence Minister Richard Marles says will save money and simplify training. Analysts debate the impact on naval capabilities, while experts note the Block IV models are relatively new and highly capable.

Presidential Chief of Staff May Visit Canada for Submarine Deal

South Korea's presidential chief of staff, Kang Hoon-sik, may visit Canada in early June to attend an energy, security, and supply chain forum. The visit is potentially linked to supporting South Korean shipbuilders competing for a 60 trillion won submarine procurement project.

India and Germany Deepen Defence Ties with Cooperation Road Map and Submarine Deal Anticipation

India and Germany signed a Defence Industrial Cooperation Road Map in Berlin, aiming to deepen collaboration in development, production, and technology. A major US$8 billion submarine cooperation agreement is also anticipated soon.

Germany Expects $8 Billion India Submarine Deal Within Three Months

Germany expects to finalize an $8 billion submarine cooperation agreement with India within the next three months, German Defence Minister Boris Pistorius said. The deal involves German shipbuilder ThyssenKrupp Marine Systems and India's Mazagon Dock Shipbuilders Limited as part of India's Project-75I to acquire advanced diesel-electric submarines with Air Independent Propulsion systems. The agreement coincides with Indian Defence Minister Rajnath Singh's three-day visit to Germany, during which both countries signed a Defence Industrial Cooperation Roadmap.

Rajnath Singh to visit Germany for defence cooperation; submarine deal talks likely