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Australia signs $50 billion submarine deal

Officials have signed off on an agreement for the construction of the Australian Navy's $50 billion project to deliver a fleet of new submarines.

(L-R) Australian Defence Minister Christopher Pyne, Australian Prime Minister Scott Morrision and French Defence Minister Florence Parly are seen during the signing the Attack class submarine Strategic Partnership Agreement in Canberra on Monday

Australian Defence Minister Christopher Pyne, Australian Prime Minister Scott Morrision and French Defence Minister Florence Parly signing submarine agreement. Source: AAP - Lukas Coch

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1 min read

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By Nabil Al Nashar



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