Tuesday 26 April 2016

Big defence contract for French group

Model of the submarine: Reuters
The French group DCNS, partly owned by the state, has won a 34 billion euro contract to supply 12 new generation submarines to the Australian navy. The contract will stretch over many decades, with the first vessels entering service in 2027. DCNS will build the ships in Adelaide in South Australia, but is responsible for design, infrastructure, maintenance and training of crew. It is claimed that many jobs will be guaranteed in the defence industry both here and in Australia over the next 50 years.
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