As revealed in The Australian today, the government has released its long-awaited rescue plan for the air warfare destroyer project, following eight months of negotiation with defence contractors.
But exposing the challenge to salvage the nation’s largest ever defence project, Finance Minister Mathias Cormann revealed that the first and second ships are now running 30 months behind schedule, and the final ship’s delivery date is now three years delayed until 2020. This is a further 15 month delay since the project was last “rebaselined” in 2012.
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