Naval Group and the Commonwealth of Australia have today confirmed that at least 60 per cent of the contract value for the 12 new Attack Class submarines will be spent in Australia, and included their joint commitment in the program’s Strategic Partnering Agreement. Inclusion in the Strategic Partnering Agreement follows Naval Group’s commitment to maximise Australian content in the design and build of the Attack Class submarines, and its offer in 2020 that a local spend of at least 60 per cent be formally signed into the program contract.

 

Naval Group global CEO Pierre Eric Pommellet visited Australia last month, and met with Commonwealth officials for talks on matters including the joint 60 per cent agreement.

“Naval Group is fully committed to supporting the development of Australia’s sovereign submarine capability," Pommellet said today. “I have been very impressed by the existing capacity of Australia’s manufacturing sector, and its enthusiasm for the Attack Class project...MORE

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