Australia's next submarine will be much bigger than the existing Collins boats but the likely cost won't be known for years, a senior defence official says.David Gould, general manager for submarines in the Defence Materiel Organisation (DMO), said he couldn't estimate the cost of a vessel not yet designed and could not endorse estimates of $36-40 billion in some studies.
Under the 2009 and 2013 Defence White Papers, Australia is looking to replace the six Collins submarines with 12 new vessels of greater range, longer endurance and expanded capabilities.
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