20 December 2016

News Story: Australian-French Sub Deal Signals Appetite For Defense Uptick Down Under

By: Pierre Tran

PARIS – Defense minister Jean-Yves Le Drian is due to sign Tuesday an intergovernment agreement with his Australian counterpart, Maryse Payne, on cooperation on the AU$50 billion ($36 billion) Australian Future Submarine Program, Australian defence industry minister Christopher Pyne said. 

That signing in Adelaide, South Australia, will be “the next milestone” in working with DCNS, the boat builder, and Direction Générale de l’Armement procurement office, Pyne said after giving a Dec. 15 keynote speech to IHEDN, the Institute for Advanced Studies in National Defense, at the war college, here. 

Pyne added that he and the Australian prime minister would attend the signing and that Australia and France had already signed a security agreement in the week of Dec. 5. 

The program to build 12 ocean-going, diesel-electric submarines is the single biggest item in the Australian defense budget, he told a lecture theater packed with IHEDN students, officers and industry executives. 

DCNS will build the diesel-electric boats, with Lockheed Martin supplying the combat integration system. 

Read the full story at DefenseNews