A HIGH-POWERED German submarine delegation is in Canberra
17th Oct 2014
A HIGH-POWERED German submarine delegation is in Canberra to demand an open competition for the nation’s biggest ever defence contract — a new navy submarine.
German giant ThyssenKrupp Marine Systems (TKMS), the parent company of leading submarine builder HDW, has launched an aggressive bid to head off Japan for the multi-billion dollar job.
And in good news for thousands of shipyard workers at the ASC yard in Port Adelaide and elsewhere around the nation, TKMS said it would be happy to build the boats in Australia.
The company has built more than 160 diesel powered submarines and it has promised the Abbott Government that it could deliver 12 “ready for war” conventional submarines to replace the controversial Collins Class boats for $20 billion.