Australia Signs $1.4 Billion Deal to Upgrade Collins Class Submarines

Jul 27, 2024, 09:50 AM

Australia has signed a $1.4 billion deal with ASC Pty Ltd to upgrade its Collins class submarines. The four-year contract aims to enhance the capabilities of the existing fleet while the country awaits the delivery of nuclear-powered vessels under the Aukus agreement. The state-owned submarine builder ASC will be responsible for the upgrades, which are part of Australia's broader naval modernization efforts.