PYNE ON FRIGATES: “SPIN-OFF BENEFITS, WE HAVEN’T EVEN BEGUN TO IMAGINE”

Defence Industry Minister Christopher Pyne said that with final bids due this month on a A$35bn ($27bn) contract for nine anti-submarine frigates Australia wants more from its A$68bn investment in new ships and submarines than a more capable navy. “From an industrial point of view, it’s a once in a lifetime...

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