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An example to emulate when it comes to how to fund a naval shipbuilding program?
Defense News
Defense News
Australia To Build New Naval Fleet in $65B Package
Agence France-Presse 4:14 p.m. EDT August 4, 2015
SYDNEY — Australia has announced an AUS $89 billion (US $65 billion) shipbuilding package to construct new frigates and patrol boats locally, with a decision on an international supplier for replacement submarines to be made "in coming months."
The "continuous shipbuilding" proposal, which involves the replacement of frigates, patrol boats and submarines over two decades, is expected by the government to keep up to 2,500 jobs in the sector in what Prime Minister Tony Abbott said was "a very historic announcement."
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