All aboard! Manufacturers’ Monthly reports that the interest in the Attack-Class Submarine project has over 120 local companies registering to express their interest in being involved in the project.
Naval Group Australia CEO, John Davis, said the response to the $900 million manufacturing package has been encouraging.
The project has already seen the creation of 300 direct jobs in Australia. The plans are to double this in 2021 as the project gains pace in preparation for building the hull qualification section in 2023 and the first Attack Class Submarine pressure hull in 2024.
At least 60% of the contract value of the project will be spent in Australia delivering 12 regionally-superior Attack Class Submarines.
A commitment to strong local supply chains will ensure that Australia has self-reliance in this critical defence capability. It also means a vital opportunity for many Australian businesses.