As DCNS continues on its restructuring path, the company took another step in this direction and renamed itself Naval Group earlier this year. The renaming is part of an effort aimed at improving the company’s exposure and recognition in international markets. Continue reading
By Stuart Slade, Forecast International.
Australia has invited France, Germany and Japan to bid for SEA-1000, its ambitious Collins-class submarine replacement program. The program, for 12 long-range, ocean-going, diesel-electric submarines, is valued at AUD50 billion ($38.8 billion). Competitive evaluation of the quotations is expected to take at least 10 months, after which the Defence Department will advise the government on the proposal most suited to Australia’s needs.