
The Australian Department of Defence officially began its largest defense investment project in its history on Sunday with the opening of a submarine design office in Cherbourg, France, as part of the $38 billion project to deliver 12 new submarines to the Royal Australian Navy. French contractor Naval Group, who will serve as the international design partner on the project, and Lockheed Martin [LMT] Australia, selected as the combat system integrator, will work with the Department of Defence as part…