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Japanese company to build the Royal Australian Navy’s new $10 billion warship fleet
Deputy Prime Minister Richard Marles and Minister for Defence Industry Pat Conroy at a press conference at Parliament House in Canberra, Tuesday, August 5, 2025. Source: AAP / MICK TSIKAS/AAPIMAGE
Australia has negotiated a contract with a Japanese company to build the Royal Australian Navy’s new $10 billion warship fleet. Mitsubishi Heavy Industries won the tender, beating Germany’s ThyssenKrupp Marine Systems. The deal was concluded overnight by the national security committee of cabinet.
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