Australia, France to seal major military deal
France and Australia are set to sign a major contract on building nuclear-powered submarines worth billions of dollars.
Australian Prime Minister Malcolm Turnbull and France’s Minister of Defense Jean-Yves Le Drian are scheduled to sign the accord in the Australian city of Adelaide on Tuesday.
Under the contract, French industrial group DNCS will open a branch in Adelaide to build a scaled-down version of Shortfin Barracuda stealth submarines.
The deal to build a dozen submarines has been described by Paris as the “contract of the century,” according to media on Monday.
Australian and French defense ministers said they had given top priority to concealing the details of the contract after data was leaked from a previous French submarine contract with India.
Australia’s Defense Minister Marise Payne said in Sydney, Australia, on Monday, that the fleet of submarines was the “largest defense procurement program in Australia’s history.”
Payne added that the contract will be a blueprint for a “legal framework under which Australia and France will partner on the future submarine program over the coming decades.”
“Security priorities are embedded” in the contract, Payne said.
Payne said the first vessel is expected to be delivered by around 2030.
The nuclear-powered Barracudas are to replace Australia’s outdated diesel and electric-powered Collins submarines.
Payne refrained from giving details on the speed and range of the new vessels, only saying that they would be “regionally superior.”
The overall cost of the 12 submarines, which includes separate agreements with Australian contractors and American arms dealers, amounts to 37 billion dollars.
American arms contractor Lockheed Martin is going to provide the combat systems for the Barracudas.
Iran, Azerbaijan top brass underline military, defense cooperation
New Zealand: Maori MPs protest in parliament with Haka war dance
Malaysia working on resolution to expel Israel from United Nations
Hezbollah attacks Israeli forces after Lebanese homes blown up
World leaders, states hail ICC arrest warrants for Netanyahu, Gallant
MP: US accountable for possible Israeli 'foolishness' to attack Iraq
VIDEO | Israeli policies strangle Palestinian agriculture, economy
Iran's president offers condolences to Pakistan over terrorist attack
Canada’s Yukon town council at standstill over refusing oath to King Charles
Yemen's Houthi calls for jihad to protect Palestine against Israel
VIDEO | Internal rifts within Israel
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
