{"id":40526,"date":"2019-02-11T13:15:21","date_gmt":"2019-02-11T13:15:21","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2019\/02\/11\/naval-group-clinches-35-billion-australian-submarine-deal\/"},"modified":"2026-08-07T23:07:51","modified_gmt":"2026-08-07T23:07:51","slug":"naval-group-clinches-35-billion-australian-submarine-deal","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/global\/europe\/2019\/02\/11\/naval-group-clinches-35-billion-australian-submarine-deal\/","title":{"rendered":"Naval Group clinches $35 billion Australian submarine deal"},"content":{"rendered":"\n

PARIS \u2013 France\u2019s Naval Group and Australia on Feb. 11 signed a $35 billion contract to build 12 Attack-class submarines for the Australian navy. Negotiations over the ownership of technology and details of the industrial partnership had been underway since Australia selected the French group in April 2016 as its preferred bidder over Japanese and German offers for the country\u2019s biggest-ever defense contract.<\/p>\n\n\n\n

This Strategic Partnering Agreement governing the transfer of Naval Group\u2019s \u201cknow-how\u201d and \u201cknow-why\u201d to Australia was signed in Canberra, Australian Capital Territory. It sets out the principles of cooperation between the two partners not only for the next 50 years but for any future contracts in the framework of the program.<\/p>\n\n\n\n

According to these principles, Naval Group will deliver 12 Attack-class submarines \u2013 with construction on the first scheduled to start in late 2023 and to be fully mission-ready for the navy in late 2034. The pact also positions Naval Group to deliver new technologies and advanced manufacturing capabilities to Australia.<\/p>\n\n\n\t