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Saturday, November 08, 2014

Australian jobs promise as Sweden’s Saab Group bids for Navy’s $20 billion plus submarine project

Gotland class SSKSwedish defence giant Saab Group has launched an audacious bid to build the Australian navy’s future submarine.

In a move that could mean thousands of jobs for South Australia and other states, industry sources have told News Corp Australia that Saab Group has presented a three-pronged strategy to secure the $20 billion plus Federal Government contract.

It includes a lower price than its competitors and a smooth flow of Japanese submarine technology from the Soryu Class boat, because Sweden is a partner in the Japanese project.

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