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Tuesday, December 13, 2011

Australia seeks European designs on $36 bln submarine fleet ‎

Collins classAustralia has asked three European companies to submit designs to replace its submarine fleet at a cost of up to A$36 billion ($36 billion) in a defence buildup aimed at protecting resource exports and countering an accelerating arms race in Asia.

French naval builder DCNS, part owned by Thales, Germany's Howaldtswerke-Deutsche Werft GmbH and Spanish state shipbuilder Navantia had been asked for information on conventional submarine designs, Australia's Minister for Defence Materiel Jason Clare said on Tuesday.

"The Future Submarines Project is the biggest and most complex defence project we have ever embarked upon," Clare said.

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