SYDNEY — Australia said on Saturday it had signed a A$2.2 billion ($1.4 billion) four-year contract with state-owned submarine builder ASC to upgrade the navy's Collins class submarines.
SYDNEY — Australia said on Saturday it had signed a A$2.2 billion four-year contract with state-owned submarine builder ASC to upgrade the navy's Collins class submarines.The 'sustainment contract' is part of a government pledge to keep the diesel-electric powered Collins-class fleet 'a potent strike and deterrence capability', Defense Industry Minister Pat Conroy said in a statement.
The contract will be 'directly ensuring job security for more than 1,100 highly skilled workers', with the work carried out in the towns of Henderson in Western Australia and Osborne in South Australia, Conroy said.Osborne is where ASC and Britain's BAE Systems will jointly build Australia's fleet of nuclear-powered submarines, the core component of the 2021 AUKUS pact between Britain, the U.S. and Australia.
Signs $1.4-B Deal To Upgrade Navy Submarines
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
VTS boosts APAC digital economy by $2BTHE Asia-Pacific region's digital economy grew by over $2 billion last year following the adoption of the Visa Token Service (VTS), Visa claimed on Thursday.
Read more »
Australia police arrests teenage boy after stabbing at Sydney university(1st UPDATE) Emergency crews treated a 22-year-old man, who was taken to a hospital in a serious but stable condition, New South Wales state police say
Read more »
'Large-scale' IT outage hits companies worldwideSYDNEY, Australia — A major outage wrought havoc on global computer systems on Friday, grounding flights in the United States, derailing television broadcasts in the UK and impacting telecommunications in Australia.
Read more »
Australia vows Russian accountability for MH17 downingSYDNEY, Australia — Australia vowed on Wednesday to hold Russia to account for the downing of Malaysia Airlines Flight MH17 10 years ago that killed nearly 300 people.
Read more »
Australian PM tells Russia to 'back off' over spying allegationSYDNEY, Australia — Australian Prime Minister Anthony Albanese on Saturday rejected Russian criticism over the arrest of a Brisbane-based couple accused of spying for Moscow, telling the Kremlin to 'back off'.
Read more »
Australia: State-backed Chinese hackers a threatSYDNEY, Australia — Australia's cyber intelligence agency sounded a rare warning on Tuesday about the rising threat of state-backed Chinese hackers, saying they were 'actively' looking for targets to compromise.
Read more »