Australia signs $50 billion submarine contract with France after two-year squabble
Australia signs $50 billion submarine contract with France after two-year squabble
NEWS

Australia signs $50 billion submarine contract with France after two-year squabble

10:13 February 11, 2019 Reuters

Australia signed a production contract with French shipbuilder Naval Group on Monday (February 11) for a fleet of 12 new submarines, worth A$50 billion ($35.5 billion), ending a two-year wrangle that cast doubt over one of the world's most lucrative defence deals.

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