Search results for Mark Carney
Industry
Hanwha Ocean misses Canada submarine bid but secures export path and local partnership network
Germany’s Thyssenkrupp Marine Systems has been selected as preferred bidder for Canada’s next submarine procurement project, while the Hanwha Ocean-HD Hyundai Heavy Industries team was named a backup supplier and lost a bid valued at 60 trillion won. Canadian Prime Minister Mark Carney called it a close decision. Hanwha Ocean said it could not overcome NATO considerations, but retained a reserve role and expanded local partnerships in Canada.
Industry
Hanwha Ocean submarines eye Canada as 60 trillion won defence order nears decision
Canada is set to announce on July 7 Korea time a preferred bidder for its Canadian Patrol Submarine Project, a competition involving a South Korean team led by Hanwha Ocean and HD Hyundai Heavy Industries and Germany’s Thyssenkrupp Marine Systems. The programme aims to build up to 12 diesel submarines to replace four Victoria-class boats retiring in the mid-2030s. Total costs could reach 60 trillion won including 30 years of maintenance and operations.
Telecommunications & Media
Trump backtracks on Anthropic threat claims, keeps access curbs and federal ban
U.S. President Donald Trump said he no longer views Anthropic as a national security threat after meeting CEO Dario Amodei at a G7 summit, Cryptopolitan reported. Trump said it might have been different a week earlier and that he could invoke the Defense Production Act but saw no need. Existing restrictions remain, including Commerce Department approval for foreign access to two models and a Pentagon ban on federal agencies using Anthropic technology.
