French shipbuilder wins Australian submarine contract

Prime Minister Malcolm Turnbull and Defence Minister Marise Payne during the submarine build announcement in South Australia. (AAP) Source: Prime Minister Malcolm Turnbull and Defence Minister Marise Payne during the submarine build announcement in South Australia. (AAP)

A French company has won a lucrative contract to help build Australia's new fleet of submarines. D-C-N-S won the contract over builders from Japan and Germany who had also been competing for the bid.

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