France beat German and Japanese rivals to secure the Australian contract in April. Australia’s Prime Minister Malcolm Turnbull and French Defense Minister Jean-Yves Le Drian signed the $41 billion deal on Tuesday, to build the world’s largest diesel-electric submarines in the Australian industrial town of Adelaide. The contract is to build 12 submarines for the given amount, the largest capital project in Australia’s history.
The deal will employ a workforce of 2,800 people starting 2022. Mr Turnbull was seen saying that Security is uncertain around the world and that is why there is a need to re-equip the navy and defence forces.
The submarines, named Shortfin Barracuda Block1A will be 97 meters (318 feet) long and will weight 4,500 metric tonnes, which is 2.5 meters shorter and 200 metric tonnes lighter than the French nuclear sub. Read the full article here.