The Morrison government is verging on a breakthrough on its troubled $90 billion submarine program after months of tense negotiations with French company Naval Group over cost blowouts, delays and local content requirements., new in-principle agreements all but lock in the French company to building 12 new attack submarines to replace the ageing Collins-class fleet.
The government had rejected Naval Group’s original plan for the program’s next phase but the company last week submitted its revised plan, which was developed in consultation with Defence officials.The deal - which still needs to be ticked off by the government - includes ongoing construction of Naval Group’s Osborne shipyard in Adelaide, the development of Lockheed Martin’s combat systems, a testing facility and the completion of detailed design work.
A separate in-principle agreement, likely to be inked in the coming weeks, will require Australian content to be agreed upon for each stage of work to achieve Naval Group’s commitment to spend 60 per cent of the program cost within Australia during the life of the project.
Gallo_Ways I think the project sank.
Gallo_Ways It was always a political decision never one about defence
Gallo_Ways Who gives a FF ...this Govt is a shambles . They should ditch the contract , pay the penalty then spend the rest on the myriad issues they’ve been dodging for years
Gallo_Ways A breakthrough...? Must be joking Thanks TurnbullMalcolm cpyne This ridiculous $90 Billion spend, on a few battery powered diesel subs... 'The government is expected to take months to formally sign off on the new proposal' Time then to cancel the contract!
Gallo_Ways The submarines are to be used as aged care centres!
Gallo_Ways big.fat.waste.
Gallo_Ways Closer to cancellation I hope. Turnbulls folly.
Gallo_Ways Still trying to be normal? Still protecting someone who anally raped a 16 year old girl as a right of passage for Hale school? When will Christian Porter leave parliament, he can never ever return to Canberra.
Gallo_Ways All that money spent on Age Care problem solved
Gallo_Ways shd have picked Aussie
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