Monday, 18 February, 2019

Australia, Naval Group sign Strategic Partnering Agreement for Attack-class submarine programme

BAE Systems Australia CEO Gabby Costigan and Minister for Defence Christopher Pyne are seen during a visit to a shipyard in Adelaide BAE Systems Australia CEO Gabby Costigan and Minister for Defence Christopher Pyne are seen during a visit to a shipyard
Jeannette Daniel | 12 February, 2019, 22:16

The statement said the submarines, which will be designed and built in Australia for the Navy, will generate an average of 2,800 jobs, reports Efe news.

Submarine deal - Australia and French shipbuilding firm Naval Group have signed a deal worth 31 billion euros to build 12 state of the art submarines.

The agreement, signed in the presence of Prime Minister Scott Morrison on February 11, sets out the principles of cooperation between the two partners for the Attack class Submarine Program.

Australia and France on Monday signed a strategic partnership agreement for joint construction of Australian navy's new fleet of submarines, according to The Sydney Morning Herald.

"The $50-billion Attack-class program will deliver submarines that will meet our Navy's capability requirements, will be at the forefront of Australia's defense strategy and will help protect Australia's security and prosperity for decades to come", Vice Admiral Michael Noonan, the chief of the Royal Australian Navy, said in a statement.

• opportunities and long-term planning certainty for industry, allowing Australian companies involved in the submarine program to invest in the capabilities needed to support their involvement in construction and sustainment activities.

More news: Russian Federation plans to temporarily disconnect the entire country from the internet

Since being selected as Australias partner for the Attack class Submarine Program in April 2016, a lot has been achieved.

The Feasibility Study phase of the Future Submarine design contract being undertaken in France with the support of Australian engineers has been completed.

Our Government is committed to maximising local industry involvement in the program to ensure Australians get the most out of this important national investment.

Defence and Naval Group officials have been locked in negotiations for several years to produce the 12 submarines.

Australia and France will now move on to swiftly conclude the design contract.

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