Australia awarded a A$50 billion ($39 billion) contract to construct 12 submarines to France’s DCNS Group, beating bids from Germany and Japan.
DCNS will build the fleet in Australia, Prime Minister Malcolm Turnbull told reporters in Adelaide on Tuesday. Japan’s Mitsubishi Heavy Industries Ltd., Kawasaki Heavy Industries Ltd., and Thyssenkrupp AG of Germany had also submitted bids.
“The French offer represented the capabilities best able to meet Australia’s unique needs,” Turnbull said. “The project will see Australian workers building Australian submarines with Australian steel.”
France pulled out all the stops to win the contract, with Defense Minister Jean-Yves Le Drian spending nearly a week in February touring Australia and President Francois Hollande set to host a state dinner for the nation’s governor-general Tuesday night. Defense is one of France’s biggest industries, providing about 165,000 jobs.And so another huge contract goes begging.
Aye, and so much for the Brexiteers' claims that the UK would be better off with the Anglosphere.