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

Evening Update Friday 9 April 2021

French Health Minister Olivier Veran said this morning that 1.3 million vaccines have been delivered to pharmacists, doctors and private nurses in 2 d... Evening Update Friday 9 April 2021 Read More

09/04/2021

Lunchtime News Friday 9th April 2021

The Provence-Alpes-Côte d'Azur region has registered a record number of intensive care patients with 559 patients currently hospitalised. ... Lunchtime News Friday 9th April 2021 Read More

09/04/2021

French and Riviera News Friday 9th April 2021

France’s High Health Authority has recommended that people under 55 who are due for their second dose of the AstraZeneca vaccination are offered an al... French and Riviera News Friday 9th April 2021 Read More

09/04/2021

Evening Update Thursday 8 April 2021

French government spokesperson Gabriel Attal has said that there are the "first encouraging signals" from the 16 departments, including the Alpes-Mari... Evening Update Thursday 8 April 2021 Read More

08/04/2021

Lunchtime News Thursday 8th April 2021

According to French media Emmanuel Macron has decided to abolish the National School of Administration (ENA). A decision which is expected to be annou... Lunchtime News Thursday 8th April 2021 Read More

08/04/2021