02 March 2012

News Story: South Australia in box seat to win billion-dollar defence contracts

AUS Collins class Submarine

MICHAEL OWEN, SA POLITICAL EDITOR

THE national race to snare work in the planned multi-billion-dollar submarine program has largely been won by South Australia, the state's Treasurer claimed in parliament yesterday.

Jack Snelling, who also is South Australian Defence Industry Minister, said in recent weeks he had met with senior leaders in defence, including the federal Defence Minister Stephen Smith, to secure "early opportunities" arising out of the Future Submarine Project.

The planned 12 new submarines are set to be built in South Australia but the other states, particularly Victoria, had hoped to benefit through companies providing key components and infrastructure.

But Mr Snelling said federal Labor and other defence leaders understood that South Australia was "primed to capture a significant share of this work".

Read the full story at The Australian