Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

French beat Germans to Australian submarine jackpot

byCT Report
03/05/2016
in Uncategorized
Share on FacebookShare on Twitter

PARIS: France was celebrating getting one over Germany on Tuesday when its naval contractor DCNS won a €34 billion contract to build Australia’s new fleet of submarines.

French naval contractor DCNS Tuesday was picked ahead of Germany and Japan for a €34 billion (US$39 billion) contract to design and build Australia’s next generation of submarines in the country’s biggest ever defence procurement programme.

You might also like

Banking Mohtasib grants Rs762.76m relief to customers, disposes of 18,482 complaints in H1 2026

29/07/2026

FTO orders FBR to probe alleged role of courier company, Customs officials in iPhone smuggling scam

29/07/2026

The announcement by Prime Minister Malcolm Turnbull culminates years of planning to replace Australia’s ageing diesel and electric-powered Collins Class submarines, which are due to leave service from around 2026.

Turnbull said the 12 new subs “will be the most sophisticated naval vessels being built in the world”.

“The recommendation of our competitive evaluation process… was unequivocal, that the French offer represented the capabilities best able to meet Australia’s unique needs,” he added at an Adelaide shipyard, where the submarines will be constructed.

“This is a momentous national endeavour. This is securing together with our commitment to surface vessel construction, this is securing the future of Australia’s navy, over decades to come.”

“It marks a decisive advance in the strategic partnership between the two countries who will cooperate over 50 years,” his office said in a statement.

“This new success will create jobs and development in France as in Australia.”

A Japanese government-backed consortium led by Mitsubishi Heavy Industries, and German group ThyssenKrupp Marine Systems were also in the running, but DCNS was considered “best to meet all of our unique capability requirements”.

Besides matching the range and endurance of the Collins Class, the new generation needed to offer superior sensor performance and stealth capabilities.

DCNS has said it planned to build a 4,500-tonne conventionally-powered version of its 4,700 tonne Barracuda, to be named Shortfin Barracuda, described by the company as “the most technically complex artefact in Australia”.

It said on its website that the new vessel would be “the recipient of France’s most sensitive and protected submarine technology and will be the most lethal conventional submarine ever contemplated”.

“Pump jet propulsion means the Shortfin Barracuda can move more quietly than submarines with obsolete propeller technology,” DCNS said.

“In a confrontation between two otherwise identical submarines, the one with pump jet propulsion always has the tactical advantage.”

It added that the sonar suite performance “will be the best available ever for a submarine this size”.

 

 

Related Stories

Banking Mohtasib grants Rs762.76m relief to customers, disposes of 18,482 complaints in H1 2026

byCT Report
29/07/2026

ISLAMABAD: The Banking Mohtasib Pakistan granted monetary relief amounting to Rs762.76 million to banking customers by disposing of over 18,482...

FTO orders FBR to probe alleged role of courier company, Customs officials in iPhone smuggling scam

byCT Report
29/07/2026

ISLAMABAD: Federal Tax Ombudsman (FTO) Zafar Hijazi has flagged what he called an organised scam behind the import and clearance...

CCP fines seven veterinary firms Rs5.5m over COLCOREX trademark

byCT Report
29/07/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a total penalty of Rs5.5 million on seven veterinary medicine manufacturers...

New industrial hub near Lahore moves forward after securing bank financing

byCT Report
29/07/2026

LAHORE: The first phase of Challenge Special Economic Zone (SEZ) Lahore has achieved financial close after securing funding from a...

Next Post

Major ports handle 606.37 MT cargo in FY16

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.