Naval Group pledges 60% of submarine work to Australian industry

26 February 2020

France’s Naval Group has pledged to award to Australian industry subcontracting deals with more than half the total value of the AUD80 billion (USD55.15 billion) programme to locally build 12 Attack-class submarines for the Royal Australian Navy (RAN).

Australia’s defence minister Linda Reynolds said in a statement on 24 February that she had received a commitment from her French counterpart, Florence Parly, that “Naval Group is committed to a level of Australian industry capability of at least 60% of the contract value spent in Australia”.

Reynolds added that the Australian government would “hold Naval Group to account on their contractual commitment to maximise Australian industry involvement in this programme”.

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