Visiting French submarine boss confronted over Australian industry content in $90 billion defence project
4 years, 1 month ago

Visiting French submarine boss confronted over Australian industry content in $90 billion defence project

ABC  

The global head of French defence giant Naval Group says he is having "productive" talks with the Morrison government after being confronted about the company's commitments to Australian industry in the $90 billion future submarine program. Key points: The government requires Naval Group to spend at least 60 per cent of the $90 billion contract value on local suppliers The French company has pledged to do so but has not committed to it CEO Pierre Eric Pommellet declined to say whether a deal was close to being finalised Pierre Eric Pommellet has flown across the world, spending two weeks in mandatory quarantine in Adelaide, to conduct face-to-face negotiations with ministers and officials in Canberra. Government frustration with Naval Group is growing over the company's refusal to formalise a pledge last year to spend 60 per cent of the massive contract value on local suppliers. Minister Price also warned that the Morrison government would hold Naval Group to account on the commitment, "as the Australian public would expect".

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