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Australia buys 12 French Barracuda submarines

To replace its submarines dating back to the 1990s, Australia opted for the construction of 12 French ocean submarines. French Defence Minister Jean-Yves Le Drian inked the inter-governmental agreement (IGA) in Adelaide that will see French shipbuilder DCNS design and build the Shortfin Barracudas (Shortfin Barracuda Block 1A). The total cost of the 12 submarines, including separate agreements with US and Australian contractors, will hit Aus $50 billion (34 Mds Euro). This contract would be the most important contract concluded by France with a foreign country.

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