The Australian Government has announced the acquisition strategy for the future submarine programme, providing further details of the competitive evaluation process for a new submarine fleet.
According to the government, it is the largest defence procurement programme in the country and represents an investment of $50bn.
This new submarine fleet is expected to fill a capability gap in the mid-2020s, when the Collins-class submarine is scheduled to retire from service.
The government's key strategic requirements for future submarines include range and endurance similar to the Collins-class, as well as superior sensor performance and stealth characteristics.
According to reports, combat system integration, design assurance and land-based testing will be performed in Australia.
At least 500 high-skilled jobs will be created, with the majority of these based in South Australia.
The Australian Department of Defence will seek proposals from potential partners for works, including pre-concept designs, options for design and build overseas, and / or a hybrid approach, a rough order of magnitude (ROM) costs and schedule for each option, as well as positions on key commercial issues.
France, Germany and Japan are expected to be invited to participate in the competitive evaluation process, which is expected last for ten months.