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Furious French defence contractor to seek compensation over Aukus deal

Summary by Ground News

France's Naval Group said it will send a detailed and calculate proposal to Australia for them to compensate the company for scrapping the multi-billion dollar submarine deal. Australia in 2016 had signed a deal with the Navy Group to procure 12 diesel-powered submarines worth $66 billion. But last week, Australia joined the United States and Britain in a trilateral security partnership, under which Royal Australian Navy will receive eight nuclear-powered subs.

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The Independent

Aukus: French naval group seeks compensation after Australia cancels deal

Naval Group CEO Pierre Eric Pommellet said Australia announced the decision sans prior notice and with incredible brutality

4 years ago·London, United Kingdom

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Furious French defence contractor to seek compensation over Aukus deal

Head of Naval Group attacks Australia’s ‘political’ decision to cancel €56bn contract with his firm

4 years ago·London, United Kingdom

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The Independent broke the news in London, United Kingdom 4 years ago on Thursday, September 23, 2021.

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