# Lee Jae Myung

Type: Person

Source: Space & Defense Intelligence Brief — https://getspacebrief.com/entity/lee-jae-myung
Canonical HTML page: https://getspacebrief.com/entity/lee-jae-myung

## Timeline

- **2026-07-07**: Hanwha Ocean Shares Crash 23% — Hanwha Ocean's stock price plunged about 23% in Seoul trading following the news, marking its largest single-day drop in years. South Korean President Lee Jae Myung posted a message encouraging continued efforts in defense exports.
- **2026-07-06**: Canada Selects TKMS as Preferred Submarine Supplier — Canadian Prime Minister Mark Carney announced ThyssenKrupp Marine Systems would build Canada's next fleet of submarines, choosing the German bid over South Korea's Hanwha Ocean.

## Recent coverage (1 stories)

### Hanwha Ocean Sinks 23% After $100B Canada Submarine Deal Lost to Germany
2026-07-07 03:35:07 · Sentiment: Strongly negative · Impact: 7/10 · Sources: 2

The loss highlights the growing influence of NATO interoperability and Arctic strategy in major defense contracts, delivering a sharp blow to South Korea's naval export ambitions and triggering a 23% stock crash.
Full story: https://getspacebrief.com/story/hanwha-ocean-loses-canada-sub-deal-germany-space

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