France, Australia sign subs agreement

Written on the 20 December 2016

France, Australia sign subs agreement Australia and France have formally signed an agreement to build 12 advanced submarines.

Prime Minister Malcolm Turnbull said the agreement, signed with visiting French Defence Minister Jean-Yves Le Drian in Adelaide on Tuesday, underpins the largest capital project in Australia's history.

"Security is uncertain around the world and that is why we are re-equipping our navy and our defence forces right across the three services and the cyber sphere, ensuring we have the capabilities to keep Australians safe in times that are more challenging than we have known for many years," he said.

Signing the agreement was a critical step in a project that would create 2800 jobs at the cutting edge of technology.

"Our future, our assurance, our security as a first world, high-wage ... economy depends upon the technology, the innovation, the skills that come from investment such as this," Mr Turnbull said.

Through the $50 billion project, French shipbuilder DCNS will design the new submarines and they will be built in Adelaide.

Mr Le Drian said DCNS, which is part government-owned, was not a business like any other as it constructed submarines that ensured France's sovereignty.

"This business that ensures France's sovereignty would tomorrow become the partner for Australia's sovereignty," he said.

Source:  Herald Sun


Upcoming Events

Latest news

Digital Utility Awards - Recognition for Regional Power Company Horizon Power

Horizon Power was named Digital Utility of the Year at a presentation event in Melbourne recently (19 April), which is fantastic recognition of our transformation from an energy-focused utility to a technology-focused one. The top award, Utility Innovator of the Year, went to our Managing Director Frank Tudor for overseeing our strategic ...

Read More

Articles via RSS rss

Sign Up for the latest news & events

Does your business attract, recruit and retain staff by offering employment or work experience to young Aboriginal employees?
CLICK HERE to become a Working Together Employer of Choice.

 

Members

We are located at:

6 Napier Tce
(behind the Westpac bank)
Broome
WA 6725

Chamber office hours

Monday: 10am - 3pm
Tuesday: 10am - 2pm
Wednesday: 10am - 3pm
Thursday: 10am - 2pm
Friday: 10am - 2pm

Please ring for an appointment

Phone

(08) 9193 5553

After Hours

0410 967 509