Breaking News: Australia Signs $50 Billion Contract for 12 Submarine with France - News Paper

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Breaking News: Australia Signs $50 Billion Contract for 12 Submarine with France - News Paper-News of the United States was founded in 1933 by David Lawrence (1888-1973), which also started the World Report in 1946. The two magazines are covering national and international news separately, but Lawrence combines them into news reports of U.S. in World and 1948 [1] and Later sold the magazine to its employees. Historically, this magazine tends to be a bit more conservative than the two main competitors, Time and Newsweek, and focus more on the story of economic, health, and education. It's also distancing news, entertainment and sports celebrities. [2] an important milestone in the history of the beginning of the magazine is including the introduction of the "Washington Whispers" column in 1934 and the column "News You Can Use" in 1952. [3] [4] in 1958, the circulation of the weekly magazine passed one million and two million in 1973. (wikipedia) Breaking News: Australia Signs $50 Billion Contract for 12 Submarine with France - News Paper

12 Februari 2019


Barracuda submarine for Australia (image : naval Group)

Australia signs massive sub deal with French firm

CANBERRA: Australia formally signed a US$50 billion contract with France to build 12 state of the art submarines on Monday (Feb 11), a signal of the country's willingness to project power across the Pacific.

Prime Minister Scott Morrison hailed the "very audacious plan" at a ceremony in Canberra as "part of Australia's biggest ever peace-time investment in defence".

The contract for 12 attack-class submarines is with France's Naval Group, a consortium with state backing, and has been years in the making.

The first submarine is expected to be finished in the early 2030s.

Critics say that is too late - the waters to Australia's north and east are the scene of an intense struggle between the United States, China and regional powers, who are all vying for influence.



Beijing has made territorial claims to much of the South China Sea - a marine thoroughfare that is vital to maintain the supply of ores, minerals and crude that fuel the Chinese economy.

Washington fears that China is becoming increasingly assertive over its territorial claims to display its dominance over smaller Asian nations and cement its role as the prime regional power.

Australian military analysts hope the subs will allow the country to maintain a credible deterrent against possible hostile actions.

Visiting French Armed Forces Minister Florence Parly cosigned the agreement in a ceremony that took place in the shadow of a memorial to US forces in front of the Australian defence offices in Canberra.

"It takes a lot of confidence for Australia to bet on France and a lot of confidence for France to share with Australia the capability that is so close to the core of our sovereignty and our strategic autonomy and a result of immense investment over decades," Parly said.

Under the Strategic Partnership Agreement, 12 conventionally powered submarines derived from the Naval Group Barracuda nuclear design will be constructed in a new shipyard in South Australia.

(AFP)

from DEFENSE STUDIES http://bit.ly/2BwNIcd
Breaking News: Australia Signs $50 Billion Contract for 12 Submarine with France - News Paper

Title :Breaking News: Australia Signs $50 Billion Contract for 12 Submarine with France - News Paper
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