Babcock Canada (Babcock), a world leader in submarine support, has signed a Technical Cooperation Agreement with Hanwha Ocean to collaborate on the Canadian Patrol Submarine Project (CPSP).
The CPSP was established by the Canadian Department of National Defence to research procurement options for Canada’s next generation submarines.
This Technical Cooperation Agreement enables both leading marine organizations to share their respective capabilities in shipbuilding and submarine sustainment in support of the CPSP and the current Victoria In-Service Support Contract (VISSC).
Babcock is a global expert in maintaining, modifying, and extending the life of in-service submarines, supporting Canadian, UK, and Australian Navies.
Hanwha Ocean, formerly known as DSME, will leverage its world-class design, construction, and logistics support capabilities, while Babcock will contribute its expertise in providing in-service support and sustainment of Canada’s Victoria Class submarines, which it has been doing since 2008.
John Howie, Babcock’s Chief Corporate Affairs Officer, signed the agreement alongside Mr. Yong Ook Lee, Executive Vice President and Head of Naval Ship Business Unit at Hanwha Ocean, at the International Maritime and Defence Exhibition (MADEX) in Busan, South Korea.
As a world leader in submarine sustainment, this agreement enables Babcock to build on our longstanding relationship with Hanwha Ocean and combine both organizations’ extensive experience on the Canadian Patrol Submarine Project.
John Howie, Chief Corporate Affairs Officer, Babcock
The CPSP will play an important role in modernizing the Royal Canadian Navy’s defence capabilities. Our collaboration with Babcock will enable us to support the Royal Canadian Navy by delivering advanced, reliable, and highly capable submarines that meet Canada’s needs.
Yong Ook Lee, Executive Vice President and Head of Naval Ship Business Unit, Hanwha Ocean
The agreement cements Babcock’s commitment to supporting the Royal Canadian Navy’s current and future Maritime programs.
It also follows an MoU signed between Babcock and Hanwha Ocean in 2022 to collaborate on systems integration programs for future vessels.
