Sign In
Search
International

Australia And Naval Group Finalize $35 Billion Sub Deal

Rich Abott By
SHARE:
Australia And Naval Group Finalize $35 Billion Sub Deal
Australian and French officials at the signing of the Future Submarine Program Strategic Partnering Agreement (SPA) between Australia and France's Naval Group. Signatories included French Minister for the Armed Forces Florence Parly (center), Australian Prime Minister Scott Morrison (to her right), and Australian Minister for Defence Christopher Pyne (third from right).

Australia and France’s Naval Group finalized and signed a $35 billion submarine partnership agreement on Monday to deliver 12 new vessels to Australia. In 2016, Australia’s Department of Defense chose Naval Group as its preferred bidder to build 12 new attack-class submarines to replace the current six Collins-class submarine fleet. Doubling the submarine fleet is part of the government’s 2016 Naval Shipbuilding Plan. Naval Group is a private company in which the French government holds a 62 percent stake. This…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

International

U.S. and UK Test Fire Torpedo From UUV

Navy/USMC

Navy Seeks New Affordable Interceptor In Request For White Papers

Advanced / Transformational Technology

Navy Tests CCA Mission Planning With MQ-20

Navy/USMC

Navy Previews MUSV Phase II Project

Trending

Lockheed Martin Vectis To Have ‘Almost F-35 Like Capabilities’
Pentagon Program Selects 17 Companies To Compete In Drone Bomber Qualifier
Northrop Expands B-21 Production Capacity With New Utah Facility
Space Force Looking to Future for RPO-Docking to Counter Space Threats
True Anomaly and Northrop Grumman Aiming to Build GHOST-R Prototypes to Reduce RG-XX Costs

Congress Updates

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]

Missile Defense

Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]

Navy/USMC

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume