Australia shortlisted Germany's ThyssenKrupp Marine Systems and Japan's Mitsubishi Heavy Industries Ltd.for a project worth at least 11 billion Australian dollars ($7.6 billion) to build up to 11 heavily armed light frigates to replace its aging fleet, according to Australian Broadcasting Corp.(ABC) News.“Cabinet's National Security Committee (NSC) had this week chosen Japan's upgraded Mogami 30FFM and Germany's MEKO A-200 as the final two designs ahead of a final selection next year,” ABC News quoted multiple sources as saying.
HD Hyundai Heavy Industries Co.and Hanwha Ocean Co.failed to win a $7.3 billion deal to build frigates for the Australian Navy, industry sources and foreign media said on Friday, dealing a blow to the South Korean shipbuilding giants seeking a new growth engine in the global warship market.
HD Hyundai and Hanwa could also fail to win submarine projects in Poland and Canada as they are also competing there to secure deals, sources in Seoul said.“Both companies have run out of warship work,” said another source.“Their warship business will be idled if they lose again at overseas projects.”INITIAL VESSELS TO BE BUILT OVERSEASThe first three vessels will be built overseas, after which construction of the remainder is transferred to the Henderson shipyard in Western Australia, ABC News said.
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