Australia has announced it has contracted with a French company to build 12 diesel-electric submarines. The contract is Australia’s largest ever defence agreement. Other frontrunners to build the Aussie boats were Germany and Japan.
Japan may have lost out because Australia’s largest trading partner is China, and the Chinese currently have tense relations with Japan.
Much of the actual construction will take place in Australia. An interesting model for the Canadian Defence Policy Review to look at.
Details are available in this article.