France and Australia will sign a multibillion dollar for 12 state-of-the-art submarines tomorrow.
Australia’s Prime Minister Malcolm Turnbull and France’s Minister of Defense, Jean-Yves Le Drian, will ink the intergovernmental accord estimated 50 billion Australian dollars ($37 billion) in Adelaide on Tuesday with the French shipbuilder DCNS designing and building the Shortfin Barracudas, AFP reports.
Defense Minister Marise Payne was quoted as saying in Sydney that the fleet of subs was the “largest defense procurement program in Australia’s history”. The new contract will lay out the “legal framework under which Australia and France will partner on the future submarine program over the coming decades,” she said.
Australia awarded DCNS the main contract in April to design and build its next generation of submarines, conventionally powered version of France’s 4,700-ton nuclear-fueled Barracuda but boast the same stealth capabilities.
The Barracudas are to replace Australia’s aging diesel and electric-powered Collins submarines.
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Thales has won a $100 million contract from Australia to design a major sonar system upgrade for Collins class submarines. Thales Australia will engage other Australian-based companies including Sonartech Atlas and L3 Oceania, as well as suppliers from the United Kingdom (UK) and France, to design the Collins sonar system upgrade, Minister for defense Industry Minister Pyne said in a statement Wednesday
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Australian farmers are opposed to selling their land for proposed Singapore Armys military training site in northern Queensland. The planned site, which will increase the presence of Singapore Armed Forces (SAF) soldiers training in Australia, will involve the sale of 200,000ha of farmland by 23 farmers, said a report in The Sunday Times
France has signed more than US$55 billion in large defence deals this year making one of the most lucrative periods in the countrys history of defence exports. State owned firm DCNS today signed US$ 37 billion contract with Australian government in industrial town of Adelaide for 12 diesel-electric submarines
Australia today sealed a 50 billion Australian dollars ($37 billion) submarines deal with France, termed the “largest defense procurement program in Australias history”. The inter- governmental agreement (IGA) signed by Australian Prime Minister Malcolm Turnbull and French Defence Minister Jean-Yves Le Drian, is for 12 sophisticated submarines to be built by French defence major DCNS
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