France offers stealth sub tech to Australia to bolster contract bid

France will offer Australia its stealth technology for submarines, never before shared abroad, if it wins a lucrative deal to build Australia’s fleet of next-generation submarines, state-controlled French naval contractor DCNS said on Wednesday. Germany’s ThyssenKrupp and DCNS separately are competing with a Japanese government-led consortium for the A$50 billion ($37.38 billion) contract to replace aging Collins-class subs, the biggest contract in Australian defence history. Japan, which has had a ban on exporting defence technology since World War Two, had been seen as the front runner for the contract, but political pressures in Australia for domestic production have given fresh momentum to the European bidders.

via ynetnews.com

Source: http://www.ynetnews.com/articles/0,7340,L-4680079,00.html

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