Offset Trades Are Gaining Importance in Defense Industry… Will They Also Play a Role in Canada's Submarine Program?

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporters Kim Bo-kyung and Hong Gyu-bin = South Korea, which boasts the world's best warship construction capabilities, recently lost out to Sweden in Poland's next-generation submarine project...

Revista Defensa Infodefensa.com

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This acquisition is part of the multi-year plans to modernize the Polish Armed Forces and responds to the new security environment in the Baltic Sea, particularly after the Russian invasion of Ukraine.Despite Poland's urgency of having a new fleet of submarines, the A26 will still take a few years to be ready, hence the importance of the Korean offer for a country that is in high tension in the face of possible Russian expansionist cravings.