SYDNEY, April 26, (APP): France wins one of the world’s biggest defence procurement order from Australia
French naval contractor DCNS Tuesday won a US$39-billion-dollar contract to build Australia's next generation of submarines, beating competition from Germany and Japan, for the country's biggest ever defence procurement programme.
The announcement by Prime Minister Malcolm Turnbull culminates years of planning to replace Australia's ageing diesel and electric-powered Collins Class submarines, which are due to leave service from around 2026.