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Submarine local content deal to remain secret - Vimarsana News

Submarine local content deal to remain secret

Submarine local content deal to remain secret Save Share An agreement obliging French submarine builder Naval Group to spend 60 per cent of its funding with local suppliers will be kept secret, angering the defence industry that would like to track progress against the company’s promises. Following months of tortuous negotiations, an in-principle agreement between the Defence Department and Naval Group was struck when its global chief Pierre-Eric Pommelet jetted into Australia last month for crisis talks with senior ministers over the troubled project. Tensions between Australia and Nava...

Source: afr.com
Government frustrations and concerns grow over Australia's multi-billion-dollar submarine and warship programs - Vimarsana News

Government frustrations and concerns grow over Australia's multi-billion-dollar submarine and warship programs

Government frustrations and concerns grow over Australia's multi-billion-dollar submarine and warship programs Posted TueTuesday 23 updated TueTuesday 23 FebFebruary 2021 at 8:33pm Linda Reynolds has told Parliament she is annoyed with the slow progress of negotiations with the French. ( Share Print text only Cancel Defence Minister Linda Reynolds has expressed "frustration" and "disappointment" with the French company building Australia's $90 billion future submarines as she prepares to confront its visiting global boss over crucial contract negotiations. Key points: Despite tense negotiati...

Source: abc.net.au
Shot across the bows on submarine contract - Vimarsana News

Shot across the bows on submarine contract

Shot across the bows on submarine contract Save Share Top Defence officials are examining the possibility of replacing the ageing Collins class submarine with an updated version of the original boat and cutting adrift the current contract with the French amid mounting frustration over cost blowouts and missed deadlines. The Australian Financial Review understands Prime Minister Scott Morrison is increasingly exasperated over the troubled $80 billion project, with tensions rising between the Defence Department and the French designer Naval Group. A Collins Class submarine at sea.  Defence i...

Source: afr.com
New Yeas Honours: Plymouth mum among people honoured by the Queen - Vimarsana News

New Yeas Honours: Plymouth mum among people honoured by the Queen

New Years Honours: Plymouth mum among people honoured by the Queen Christina Peacock has been awarded the British Empire Medal Updated The video will auto-play soon8Cancel Play now Join the Secret Elves to get first access to our exclusive reviews of the must-have products this yearInvalid EmailSomething went wrong, please try again later. Sign up When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, an...