Submarine deal

Submarine deal - Australia and French shipbuilding firm Naval Group have signed a deal worth 31 billion euros to build 12 state of the art submarines. The contract signed this morning with Naval Group, a French consortium with state backing, is worth 50 billion Australian dollars or about 31 billion euros. It is both Australia’s largest ever defence procurement project and Naval Group’s largest ever foreign sales deal. The firm said the submarines would be delivered and tested beginning in the early 2030s through to the early 2040s, with the last likely to be decommissioned in the early 2080s.

 

 

Last local news

French and Riviera News Friday 25th September 2020

During an interview on France 2 on Thursday evening French Prime Minister Jean Castex has warned France “not to play with the epidemic”.... French and Riviera News Friday 25th September 2020 Read More

25/09/2020

Evening Update Thursday 24 September 2020

Nice Mayor Christian Estrosi has said that he's aiming to change the 10pm closing time for restaurants in Nice announced by central government last ni... Evening Update Thursday 24 September 2020 Read More

24/09/2020

Lunchtime News Thursday 24th September 2020

Météo France has place the Alpes Maritimes on a yellow weather alert with storms forecast from mid-afternoon today. The warning is in place until 6am ... Lunchtime News Thursday 24th September 2020 Read More

24/09/2020

French and Riviera News Thursday 24th September 2020

All bars and restaurants in Marseille are to close from Saturday 26th September due to the spread of Covid-19. The announcement was made during the we... French and Riviera News Thursday 24th September 2020 Read More

24/09/2020