Audit Office torpedos $80 billion submarine pork

The Australian National Audit Office (ANAO) has released a report into Australia’s $80 billion future submarines project – “the largest Defence procurement in Australia’s history” – which warns that the decision not to go with an off-the-shelf design has materially raised procurement risks:

The decision not to acquire a military‐off‐the-shelf submarine platform, and instead engage a ‘strategic partner’ to design and deliver the submarines with significant Australian industry input, has increased the risk of this acquisition.

It notes that the project is running nine months behind schedule and is experiencing cost pressures:

There are 1052 words left in this subscriber-only article.

Start your free 14-day trial today!

Comments are hidden for Membership Subscribers only.