Australia promises shipbuilding plan
For a number of years, shipbuilders in Australia have warned of a looming ‘valley of death’, as naval vessel programmes dry up and shipyards face serious contraction.
In a belated response to this crisis, the government released details of a long-term plan on 4 August, describing a 20-year shipbuilding strategy that amounts to A$89 billion (US$65 billion).
‘This strategy will transform Australia’s naval shipbuilding industry and put it onto a sustainable long-term path, giving the workforce certainty into the future,’ it stated.
Key shipbuilding programmes for the Royal Australian Navy (RAN) include: Project Sea 1000 Future Submarine; Sea 5000 Future
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