South Korean shipyard sweetens its submarine sales pitch to Canada [BNN Bloomberg (Canada)]
THYSSENKRUPP AG S/ADR (TKAMY)
NASDAQ:AMEX Investor Relations:
thyssenkrupp.com/en/investors
Company Research
Source: BNN Bloomberg
Hanwha Oceans is floating various industrial-technological benefit collaborations that could involve investments in Canadian lithium-ion battery production, liquefied natural gas, aerospace, steel, critical minerals mining and sustainable energy. Although the firm is keeping its cards to its chest on the specifics — part of an unsolicited proposal it made to the Canadian government in July — the company promises more details in the coming weeks and insists the investments would be significant. “We've talked about everything from energy co-operation to battery co-operation to … other areas where Hanwha is particularly strong, like infantry-fighting vehicles and howitzers," said Hanwha Global Defense CEO Michael Coulter in an interview with The Canadian Press. “We know that there's a requirement in the Canadian military for howitzers. The offering has evolved beyond submarines because what the Canadian government is looking for is beyond submarines. It's true industrial capacity
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News
- ThyssenKrupp (OTCMKTS:TKAMY) had its "buy" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- Germany's Thyssenkrupp steel finalizes tough restructuring plan [Yahoo! Finance]Yahoo! Finance
- Norwegian defence company pitches Ottawa as Arctic partner in sub procurement [Yahoo! Finance Canada]Yahoo! Finance Canada
- ThyssenKrupp (OTCMKTS:TKAMY) was upgraded by analysts at Zacks Research to a "hold" rating.MarketBeat
- Where is the money to replace Canada's aging submarines? It wasn't in the 2025 federal budget [BNN Bloomberg (Canada)]BNN Bloomberg