The Australian Submarine Corporation will be subject to closer scrutiny under a new five-year contract to service the nation's troubled Collins class submarine fleet.
A Federal Government review of the fleet last year found serious flaws with the way the six vessels are maintained.
At times, Australia had only one working Collins submarine.
The company has now signed a new rolling contract, which is valued at hundreds of millions of dollars.
Managing director Steve Ludlam says the new arrangements place greater emphasis on the company's performance.
Read the full story at ABC News
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