5 ms·
Should just give up, at $90bn each sub costs almost 2x France's most expensive subs and then it's diesel. France just looks really weak the way they've handled
by neximo64 5y ago
Should just give up, at $90bn each sub costs almost 2x France's most expensive subs and then it's diesel. France just looks really weak the way they've handled it.
- 1cvmask 5y agoAccording to the article the French subs were roughly each a little over $3 billion each. But in another source it is $90 billion for 12 French diesel boats and $3.45 billion US dollars for each Virginia class nuclear powered submarine. From the article in the headline: Mr Macron was furious after Australia cancelled a $37bn (£27bn) deal to build 12 submarines From another source: https://au.finance.yahoo.com/news/how-much-nuclear-submarine-cost-022130602.html https://au.finance.yahoo.com/news/how-much-nuclear-submarine...
- neximo64 5y agoThe $90bn number is $7.5bn each for each conventional disel sub with a prop jet. The French 'triomphant' class is second only in cost behind the Seawolf class at about $3-4bn (USD). And this is still above the Seawolf (both nuclear subs). Yet this $7.5bn sub is Diesel (AUD) and inferior in design to the Seawolf/Jimmy Carter/Connecticut subs. The original number $50bn (£27bn) was increased to $90bn because there were cost increases related to being built in Australia and having more local origin requirements. (Actually goes up to $140bn after maintenance). The headlines always play between the two numbers (and sometimes 3). France is seriously taking the piss I mean, do they seriously expect to be paid $7.5bn for each sub when they have better designs theyve built for less. On the issue of transparency in losing the contract, it was also stolen from the Japanese a few years ago.