Australia signs massive submarines deal with French firm

Australia'bets on France for'audacious €30 billion submarine deal

Australian Prime Minister Scott Morrison and Defence Minister Christopher Pyne met with French Defense Minister Florence Parly in Canberra on Monday to sign the Strategic Partnership Agreement (SPA) to guide the project, nearly three years after Naval Group, formerly known as DCNS, was selected to build the submarines.

The $50 billion Attack class program will see 12 regionally superior submarines designed and built in Australia for the Navy. "With their inherent stealth, long-range endurance, and formidable striking power, the Attack-class are a key part of our Navy's future", he added.

“This agreement with Australia will seeNaval Group transfer the“know-how” and “know-why” to Australia to become an sovereign submarine nation.

Negotiations on the SPA began in early 2017 and were meant to have been completed during that year, but was delayed by issues including the length of warranty periods and the implications of a possible merger between Naval Group and Italy's Fincantieri.

Long-haul NZ-China flight forced back mid-flight
MBIE officials are working with China to try to reschedule the official opening. Scheduling clashes happen - we all have to postpone sometimes.

"Today is a defining moment for Australia with the formal signing of a $50b agreement to build 12 submarines in Australia for the Navy".

Morrison said work on the design of the Attack class has continued without interruption under an AUD500 million Design and Mobilisation contract that was signed in September 2016, and would continue uninterrupted under the SPA.

The Feasibility Study phase of the Future Submarine design contract being undertaken in France with the support of Australian engineers has been completed.

The conclusion of the SPA was preceded by a two-year wrangle over contract details. The Australian Department of Defense also voiced concerns over a future sale of Naval Group, which is majority owned by the French state, to a private entity and its possible negative impact on Australian-French collaboration on the sub building project.

Related News:

  • Houston Rockets vs. Oklahoma City Thunder - 2/9/19 NBA Pick, Odds, and Prediction

    Houston Rockets vs. Oklahoma City Thunder - 2/9/19 NBA Pick, Odds, and Prediction

    Oklahoma City outscored Houston 42-20 in the quarter to even the score at 90. Oklahoma City matched the Rockets second quarter output in the third.
    US presidential candidate Kamala Harris wants marijuana legalised, cites Jamaican roots

    US presidential candidate Kamala Harris wants marijuana legalised, cites Jamaican roots

    Public opinion surveys suggest that calling for marijuana legalization is a winning issue with American voters. Christie appeared on Fox to promote his new book " Let Me Finish " now on The New York Times bestseller list.
    Delhi Government Orders Investigation Into Hotel Fire

    Delhi Government Orders Investigation Into Hotel Fire

    All the 13 taken to RLM hospital have died, of the 5 admitted to Lady Hardinge Hospital, 2 have succumbed to their injuries. The blaze erupted in the early hours of Tuesday at Hotel Arpit Palace in a congested part of central New Delhi .
  • Trump Jr. makes light of Native American genocide

    Trump Jr. makes light of Native American genocide

    Trump has not been charged with any crimes, but several of his former advisers have been pleaded guilty to a variety of charges. Elizabeth Warren (D-MA), announces her official bid for President on February 9, 2019 in Lawrence, Massachusetts.
    Leeds’ Jack Clarke taken to hospital after collapsing in dugout during game

    Leeds’ Jack Clarke taken to hospital after collapsing in dugout during game

    Clarke has since been released but chief executive Angus Kinnear has informed fans of the decision taken by the club. Clarke made his Leeds debut against Brentford in October and has gone on to make 17 appearances this season.
    Toro Rosso's 2019 STR14 from every angle

    Toro Rosso's 2019 STR14 from every angle

    It will not make Toro Rosso into a championship victor , but it should make it a stronger midfielder. If the team can do that, then developments will be better planned and it can move forward.
  • 'Coming to America' sequel set for 2020 release

    'Coming to America' sequel set for 2020 release

    Although the sequel to 'Coming To America' was only announced a few weeks ago, a confirmed release date has now been set for it. So far, August 7, 2020 is home to a still untitled WB Event film.
    China hopeful of trade war breakthrough

    China hopeful of trade war breakthrough

    China's foreign ministry struck a confident tone yesterday as a junior delegation of American negotiators arrived in Beijing . In late September, the USS Decatur also sailed within 12 nautical miles of Gaven and Johnson reefs in the Spratly Islands.
    Lawmakers: Remove 'personal belief' exemption for vaccines

    Lawmakers: Remove 'personal belief' exemption for vaccines

    Lawmakers heard arguments on a proposed bill that would ban the measles vaccine exemption for philosophical reasons. Most of the Washington cases are concentrated in Clark County, just north of Portland, Oregon.
  • Sarri wants new players - if he keeps his job

    Sarri wants new players - if he keeps his job

    Pep Guardiola's side condemned the Blues to a third defeat in four league matches, and this was the most embarrassing. The first big blip in Chelsea's campaign came in the form of a crushing 3-1 defeat at Tottenham, back in November.
    Bills considered looking into RB Kareem Hunt

    Bills considered looking into RB Kareem Hunt

    Hunt's friends and girlfriend try to restrain him, but during the struggle, Hunt kicks the woman to the ground. Just before 2 p.m. on Monday, the Browns announced a transaction: They had signed running back Kareem Hunt .
    Nicki Minaj pulls out of BET concert after network's tweet

    Nicki Minaj pulls out of BET concert after network's tweet

    We have apologized to Nicki and her team'. "I can't thank you guys enough for all the love & support you continue to show me". The network added: "We understand Nicki's position and look forward to continuing our dialogue with her".


Most liked

Steelers WR Brown requests trade
Antonio Brown has been found guilty and fined for a speeding incident along McKnight Road in November. This comes after the 30-year-old left the Steelers on bad terms to end last season.

Borussia Dortmund 3 Hoffenheim 3: Sensational three-goal comeback denies Favre’s men
Leipzig and Eintracht Frankfurt played out a goalless stalemate and Luca Waldschmidt's late equalizer secured Freiburg a 3-3 draw with Wolfsburg.

Tsonga wins Open Sud de France after beating Herbert | AP sports
Meanwhile, at the Sofia Open, a Frenchman was beaten in the semi-finals as Gael Monfils went down to third seed Daniil Medvedev. Tsonga has won both ATP meetings against Herbert, including a 6-1, 6-2 victory in the Round of 16 at the same event in 2017.

Renault targets podiums as it launches RS19
Renault's R.S.19 won't be seen until next week, when pre-season testing kicks off in Barcelona, although the digital renderings seen here are a first draft look at the team's 2019 vehicle .

Raptors to sign veteran PG Lin
The 30-year-old Lin is averaging 10.7 points per game on 46.6 per cent shooting from the field this season. He has been part of three previous playoff runs, in 2013 and 2014 with Houston and in 2016 with Charlotte.

Five found shot to death in Texas home
Five people were found shot and killed in a home in an unincorporated town in eastern Texas on Monday, police said. Polk County Sheriff's Office were called for help around 10:30 Monday morning.

Marvel to make four animated superhero series for Hulu
File of fans of Marvel comic books march to Hollywood Walk of Fame Star, in Hollywood, California on December 28, 2018. Writers Kevin Smith and Dave Willis will also executive produce along with Jeph Loeb .

Chimps use branch to make ladder, escape Belfast Zoo
In November past year , a snow leopard was shot dead after the animal escaped from its enclosure in Dudley Zoo in Britain. Further footage showed the chimpanzee cross the pathway and sitting on the edge of the wooded area as people filmed it.

Activision Blizzard Reportedly Planning Massive Layoffs - Battle Royale
Bloomberg are reporting that Activision Blizzard are to lay off hundreds of staff, formally announcing the move this Tuesday. Despite this, Activision Blizzard still stands as one of the largest developer and publisher in the video game industry.

England stretch lead over West Indies despite early stutter
Brought into the team for the first time this series, Wood offered England genuine pace of more than 90 miles per hour (145 kph). Opener John Campbell top-scored for West Indies with 41 before being trapped leg before wicket by Moeen Ali , who returned 4-36.

BBC cameraman assaulted in 'violent attack' at Donald Trump rally
Footage captured from Skeans' camera was posted to Twitter by O'Donoghue and shows the shot focused on Trump before jolting away. He has often branded reporting he doesn't like as "fake news" and said that journalists are enemies of the people.

Thousands protest in Spain against government's Catalonia policy
They are reportedly viewing Sanchez's proposal as succumbing to the pressure of those who have called for Catalonian independence. Ana Puente, a 73 year-old retiree who attended the gathering, said she was protesting for a "united Spain".

Was Newcastle goalkeeper Martin Dubravka fouled for Wolves equaliser?
The Magpies moved above Cardiff and into 16th, but are only one point above the drop zone. Wolves remained in seventh place on 39 points, 11 behind sixth-placed Chelsea .

Russian Federation prepping for U.S. cyber attack by turning off entire internet
Finanz.ru also reported that local internet services Mail.ru and Yandex.ru were also supportive of the test disconnection. An alternative localised DNS would allow Runet to function without access to servers located across the world.

Trump taunts Iran on 40th anniversary of Islamic Revolution
One had the face of Trump and the other the face of Israeli Prime Minister Benjamin Netanyahu. Iranians carried cardboard cutouts of dogs.