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Australia signs $1.4 billion contract to upgrade Navy submarines
[27/07/2024 01:34]
CANBERRA – SABA
Australia has signed a four-year, A$2.2 billion ($1.4 billion) contract with submarine manufacturer ASC to upgrade the navy's Collins class submarines.

Australian Defence Industry Minister Pat Conroy said in a statement that the support contract is part of a government pledge to keep the diesel-electric Collins fleet as "a potent strike and deterrence capability."


Oil price tops $100 a barrel
Italy budget deficit at 3 percent
Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
S. Korea's exports rise 33.9 percent in January
Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent
S. Korea's ITC exports rise 12.4 percent in 2025

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