20 September 2021
Naval Group, Australia start submarine compensation talks
by Jon Grevatt
Naval Group has confirmed that it has started talks with the government of Australia over compensation related to the cancellation of Canberra's programme to procure 12 Attack-class submarines from the French shipbuilder.
“The consequences of the termination of the contract are addressed in the Strategic Partnering Agreement (SPA) we signed in 2019 with the Commonwealth of Australia (CoA). We are currently discussing with the CoA with a constructive mindset and cannot comment further at this point in time,” a spokesperson for Naval Group told Janes on 20 September.
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Naval Group has confirmed that it has started talks with the government of Australia over compensati...
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