Australia on Saturday unveiled a massive compensation deal with French submarine maker Naval Group, putting a financial end to a dispute that has soured relations between Canberra and Paris for nearly a year. New Australian Prime Minister Anthony Albanese said the French company had agreed to a “fair and equitable settlement” of 555 million euros,…
This sum comes in compensation for the cancellation by Canberra, in 2021, of a mega contract relating to the purchase of twelve French submarines for a value of 56 billion euros. Compensation of 555 million euros will be paid by Australia to the industrialist Naval Group to put a financial end to the affair of…
Dhe shipyard in Wismar, one of the most traditional shipbuilding locations in Germany, once again has long-term prospects. Thyssenkrupp Marine Systems (TKMS) is taking over the site of the insolvent MV Werften and will be building submarines there from 2024. The fact that a milestone has been reached in the insolvency proceedings is shown by…
NATO access to the Northern Fleet Finland’s border is a nightmare for Russia By Kevin Schulte 05/20/2022, 08:25 am In the far north, Finland borders Russia for 1,340 kilometers. After the Russian attack on Ukraine, the Nordic country also wants to join NATO. In military theory, a fiasco for the Kremlin. Regardless of the Kremlin’s…
Workers from the French Naval Group working on a submarine, in Cherbourg-Octeville, in the English Channel, on December 14, 2016. CHARLY TRIBALLEAU / AFP It was during a parliamentary hearing on the 2022-2023 budget that Australian taxpayers discovered on Friday 1er April, how much the termination of the contract with the French industrialist Naval Group…
Termination of the contract for 12 submarines will cost Canberra 3.7 billion euros. This sum covers the reimbursement of the costs of Naval Group, Lockheed Martin, subcontractors and the shipyard. A month and a half before the legislative elections in Australia, the affair of the brutal cancellation, on September 15, of the contract of the…
fFrance has increased the alertness of its nuclear force. The report suggests that three of the four nuclear submarines (SNLE) have been under sea for maneuvers in the past few days. This was first reported by the Breton regional newspaper “Telegramme de Brest”, which has the best observation post on the French naval base Ile…
Kiel naval shipyard the rescue? TKMS flirting with insolvent MV shipyards 3/22/2022, 3:36 p.m Thyssenkrupp Marine Systems is working at full capacity for years to come. The Kiel submarine shipyard is therefore considering expanding its capacity. The insolvent MV Werften gives hope. The Kiel submarine shipyard Thyssenkrupp Marine Systems (TKMS) has kept an eye on…
battle tanks and submarines Ukraine asks Berlin for more weapons 03/04/2022, 07:10 am The war in Ukraine is causing Germany to change its foreign policy stance on arms deliveries. Ukraine is now asking for further support from Berlin in the fight against Putin’s “war of annihilation”. Battle tanks, air defense systems and combat drones are…
Secret service sets trap US engineer wanted to sell nuclear secrets 2/15/2022 8:34 am It looks like something out of a spy thriller: a US Navy engineer admits to having passed on secret information about nuclear submarines to a supposed customer country. To do this, he draws on an entire repertoire of agents. But the…
Moscow speaks of an incident US denies Kremlin submarine report 02/12/2022 11:56 p.m In the midst of the Ukraine crisis, the Kremlin reports an incident involving an American submarine in Russian waters. But Washington disagrees with the report. “We fly, sail and operate safely in international waters,” said a US Navy spokesman. The US has…
Alleged incident in the Pacific Kremlin: Have expelled US submarine 2/12/2022, 6:07 p.m While the US fears a Russian invasion of Ukraine, Russia accuses the White House of propaganda. In this tense situation, Moscow reports an alleged incident involving a US submarine that is said to have been in Russian waters. An incident between US…
