Apr 7, 2021 SOURCE: © CTO Data Services Co.
NAVAL GROUP AGREES TO 60 PERCENT LOCAL CONTENT FOR AUSTRALIAN SUBMARINE PROGRAMME
Australia and Naval Group have reached an agreement regarding levels of local content in the country’s Future Submarine Programme. According to Janes, which quotes “informed sources,” Naval Group will commit to spend at least 60 percent of the contract value in Australia over the life of the programme.
The two sides...
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