Axed French submarines deal to cost Australia up to $5.5 billion
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Australia will be forced to pay up to Aus$5.5 billion (US$4.1 billion) to exit a submarine deal with France in favor of acquiring nuclear-powered US or British models, officials admitted Friday. Last year Australian Prime Minister Scott Morrison tore up a submarine deal with France’s Naval Group, instead opting for nuclear-powered alternatives as part of […]https://www.defencetalk.com/axed-french-submarines-deal-to-cost-australia-up-to-5-5-billion-78568/
Australia will be forced to pay up to Aus$5.5 billion (US$4.1 billion) to exit a submarine deal with France in favor of acquiring nuclear-powered US or British models, officials admitted Friday. Last year Australian Prime Minister Scott Morrison tore up a submarine deal with France’s Naval Group, instead opting for nuclear-powered alternatives as part of […]https://www.defencetalk.com/axed-french-submarines-deal-to-cost-australia-up-to-5-5-billion-78568/