Saturday, 16 February, 2019

French group wins $35.5 billion defence deal from Australia

French beat Germans to Australian submarine jackpot Australia Signs $35Bln Submarine Deal With French Contractor - Defence Minister
Deanna Wagner | 12 February, 2019, 22:15

It's estimated the program will generate an annual average of around 2,800 jobs, helping end the "valley of death" in naval shipbuilding jobs we inherited from the Labor Party.

Australia and the France-based Naval Group will apparently ink an agreement for the construction of a new fleet of submarines for the Australian navy.

Australia decided in 2016 that the French Naval Group (formerly known as DCNS) would be responsible for the construction of its new submarine fleet after a tender, but it did not sign the contract until recently, after months of negotiations.

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

• Pre-sizing of the Future Submarine has been completed. Initial design work for the new submarine class is now taking place in Adelaide and Naval Group's headquarters in Cherbourg, France. Phase 1 of the onsite works will focus on site establishment, earth works and piling for the new facilities with the development to create at least 600 jobs. A detailed design contract, however, can only be concluded after the signing of the SPA. The next group of engineers will depart for France in March 2019.

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Negotiations on the SPA began in early 2017 and were meant to have been completed during that year, but was delayed by issues including the length of warranty periods and the implications of a possible merger between Naval Group and Italy's Fincantieri.

According to Naval Group, suppliers of the top five pieces of equipment - the main motor, diesel generators, switchboards, batteries and weapons discharge systems - have been reviewed and will be announced this year.

The Australian government is committed to maximising "local industry" involvement in the programme and "to ensure Australians get the most out of this important national investment", it added.

- Conducted numerous engagement activities in France and Australia to connect potential European and Australian suppliers.