Earlier this year the Naval Group and the Commonwealth of Australia confirmed that at least 60 per cent of the contract value for the 12 new Attack Class submarines will be spent in Australia, and included their joint commitment in the program’s Strategic Partnering Agreement.
Inclusion in the Strategic Partnering Agreement follows Naval Group’s long-standing commitment to maximise Australian content in the design and build of the Attack Class submarines, and its offer in 2020 that a local spend of at least 60 per cent be formally signed into the program contract.
Naval Group global Chief Executive Officer Pierre Eric Pommellet visited Australia last month, and met with Commonwealth officials for talks on matters including the joint 60 per cent agreement.
