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  • May 17th, 2017
  • Comments Off on Australia unveils massive new shipbuilding plan
Australia revealed details of a massive shipbuilding strategy Tuesday, its largest peacetime naval investment, with plans to construct dozens of new submarines and frigates to shore up its defence capabilities. Prime Minister Malcolm Turnbull said the Aus$89 billion (US$66 billion) package - first flagged in 2015 to replace its ageing fleets - would boost local industry, with up to 5,000 jobs created in shipbuilding directly and double that in the supply chain.

"We will transform our naval shipbuilding and sustainment industry here in Australia, with Australian workers, in Australian shipyards, using Australian resources," he said as he officially released the plan. The program will produce nine frigates and 12 offshore patrol vessels, along with 19 Pacific patrol boats for neighbouring countries. Under the plan, Australia's current ANZAC and Adelaide class frigates will be replaced with new ships better able to "detect, track and, if required, destroy enemy submarines".



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