Lockheed refuses to lock in locals for subs

Original article by Ben Packham
The Australian – Page: 2 : 10-Mar-20

Lockheed Martin will provide the AN/BYG-1 combat control system for Australia’s new fleet of submarines. The entire submarine project is expected to cost $80 billion, with the combat system tipped to account for around 40 per cent of its cost. France’s Naval Group stated in February that it would commit to giving 60 per cent of the work on the submarines’ design and construction to Australian firms, but Lockheed Martin is unwilling to give a similar commitment in terms of the percentage of work that Australian firms might secure for the combat system.

CORPORATES
LOCKHEED MARTIN AUSTRALIA PTY LTD, NAVAL GROUP

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