A scale model of a Hanwha Ocean KSS-III Submarine is shown at the Canadian Association of Defence and Security Industries annual defence industry trade show CANSEC, in Ottawa, on May 27, 2026. The Canadian Press/Justin Tang
South Korean defence firm Hanwha says it has reached a deal with Algoma Steel to supply military-grade steel for the possible manufacturing of land defence vehicles in Canada.
Hanwha said in April it had reached a separate agreement with Canada’s Automotive Parts Manufacturers’ Association on a prospective joint venture to make military land vehicles for the Canadian Armed Forces and for export to allies.
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