What is the federal government's $89 billion shipbuilding plan?

Details of the federal government's $89 billion naval shipbuilding plan.

Australian Prime Minister Malcolm Turnbull

Malcolm Turnbull is set to release the government's long-awaited Naval Shipbuilding Plan. (AAP) Source: AAP

The federal government's defence shipbuilding plan

  • $89 billion to be spent on building 12 submarines, nine frigates and 12 offshore patrol vessels for the Australian navy as well as 19 Pacific patrol boats to be given to neighbouring countries.
  • It includes $1.3 billion to upgrade the Osborne Naval Shipyard in Adelaide and the plant at Henderson in Western Australia.
  • The government will also establish a $25 million naval shipbuilding college in Adelaide to train workers.
  • SA's shipbuilding workforce expected to swell to more than 5000 by 2026.
  • Employment in the defence supply chain and allied industries expected to create another 10,000 jobs.
  • The federal government has committed to using Australian workers and Australian suppliers where possible.
  • The government won't put a figure on local procurement, but says anything above 60 per cent ensures the vessels are locally built.
  • Work on the patrol boats will start in 2018, the frigates in 2020 and the next submarines in 2022/23.

Share

1 min read

Published

Updated

Source: AAP



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world