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Tuesday, September 08, 2015

Australia's New Submarines: Run Silent, Run German?

U-216 class SSKGermany’s bid for Australia’s SEA 1000 Future Submarine project could reasonably be described as coming from a safe pair of hands.

Since 1960, ThyssenKrupp Marine Systems (TKMS) through its Howaldwerke-Deutsche Werft (HDW) subsidiary has delivered 161 diesel-electric submarines to 20 navies. Of this total, 123 have been built for international customers —including six NATO navies—51 of them in South Korea, Turkey, Greece and Brazil.

All have been built to fixed price contracts, a model which clearly works otherwise, as noted by TKMS Board member Torsten Konker “we’d be broke.”

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