Naval Group indemnified in the amount of 555 million euros after the termination of the Australian contract


WELLINGTON, June 11 (Reuters) – Australian Prime Minister Anthony Albanese announced on Saturday that his government had reached a 555 million euro deal with Naval Group, a subsidiary of Thales, after the Australian government unilaterally broke up last September. a contract for the delivery of 12 French submarines.

“This is a fair and just settlement,” Anthony Albanese told a news conference.

The Australian Prime Minister said the settlement came after discussions with French President Emmanuel Macron, whom he thanked for the cordial manner in which relations between Australia and France were restored.

Canberra canceled in September a contract of 40 billion dollars (38 billion euros) signed with Naval Group to acquire 12 French nuclear submarines, in favor of a partnership with the United States and Great Britain causing a diplomatic crisis with Paris.

The defeat in May of the then Prime Minister, Scott Morrison, and the election of a new head of government, Anthony Albanese, has since enabled a warming of relations between France and Australia to begin. . (Report Lucy Craymer; French version Camille Raynaud)



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