- Reaction score
- 0
- Points
- 360
No more hope for Soryus for Australia?
Wall Street Journal
Wall Street Journal
Japan Falls Behind in Race for Australian Submarine Contract
Japanese bid was viewed as risky because of inexperience building naval equipment overseas
By Rob Taylor
Updated April 20, 2016 6:36 a.m. ET
6 COMMENTS
CANBERRA, Australia—Japan has been virtually eliminated from a multibillion-dollar contest to supply Australia’s navy with new submarines, two people familiar with the matter said, with German or French competitors now favored to win one of the world’s most lucrative current weapons deals.
Senior Australian security ministers met Tuesday to consider offers to build 12 conventionally powered submarines in Australia, the people said. While the conservative government has yet to make a final decision, one of the people said the Japanese bid was viewed as having “considerable risk,” given Japanese inexperience building naval equipment overseas.
(...SNIPPED)