UK locks up $35bn frigate win

The largest peace-time warship building program in Australian naval history has been awarded to British defence giant BAE Systems under a $35 billion contract to deliver nine of the most advanced anti-submarine warfare vessels in the world.

= Source: MOD/2018

BAE Systems beat off fierce competition from rival Spanish and Italian designs and will begin construction in Adelaide in 2020.

Prime Minister Malcolm Turnbull announced the new "Hunter class" global combat ships to be built by ASC shipbuilding at the company's facility in Osborne, Adelaide this morning.

Production on the ships will start in 2020 and they are expected to enter service in the late 2020s.

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