French submarine builder to send Australia invoice ‘in a few weeks’
PARIS, Sept 23 (NNN-AGENCIES) — France’s Naval Group said it will send a “detailed and calculated proposal” to Australia in the coming weeks of the costs it expects Canberra to pay for scrapping a massive contract to purchase French submarines.
Australia in 2016 agreed to buy 12 diesel-powered submarines built by Naval Group in a deal dubbed the “contract of the century” worth A$50 billion (US$36.5 billion), later revalued to €56 billion (US$65 billion).