Wednesday, February 24, 2021

Government frustrations and concerns grow over Australia's multi-billion-dollar submarine and warship programs

 Defence Minister Linda Reynolds has expressed "frustration" and "disappointment" with the French company building Australia's $90 billion future submarines as she prepares to confront its visiting global boss over crucial contract negotiations.


Key points:

Naval Group's global chief executive is due to meet Defence Minister Linda Reynolds on Wednesday

Despite tense negotiations, the government insists the complex submarine build schedule remains on track

Defence has dismissed concerns the Future Frigate Program may also be facing problems

A year after Naval Group pledged to spend 60 per cent of the massive contract value on local suppliers, the company is yet to enshrine the figure in a formal deal with the Commonwealth. 

https://www.abc.net.au/news/2021-02-24/government-frustrations-future-frigate-warship-fleet-program/13184064



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