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Monday, December 10, 2012

Keeping Collins afloat ludicrous: expert

HMAS Rankin |The Defence Materiel Organisation cannot be trusted to deliver accurate cost estimates or capability projections for the country's $36 billion future submarine fleet, a senior naval analyst has said.

Rex Patrick, a former submariner, said that despite its multibillion-dollar budget and 7000-strong workforce, the DMO had been spectacularly and consistently wrong on the cost estimates it has given the government on maintaining the Collins-class fleet.

Each of the six boats costs twice as much to sustain and operate as an American nuclear submarine, while falling far short in terms of either capability or availability, Mr Patrick said.

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