Australia’s naval shipbuilding endeavour has notched up further achievements on the $35 billon Hunter class program.
The Commonwealth and ASC Shipbuilding today signed the head contract for the frigates at the Osborne Naval Shipyard in Adelaide.
The development of the Hunter class construction yard at Osborne South is also in full swing with steel now being raised into place.
An Oxford Economics Report estimates the program will generate over 6,300 full time Australian jobs at its peak and contribute over $17 billion to the economy.
Liberal Candidate for Hindmarsh, Jake Hall-Evans, said the program is boosting the local economy as well as providing the Navy with world-class capability.
“This is an exciting time for people Hindmarsh who wish to work on the program,” Mr Hall-Evans said.
“BAE has pre-qualified nearly 700 businesses to be part of the Hunter class program.
“Up to 600 jobs will be created in the development of the Hunter class construction yard alone.”
The Minister for Defence, the Hon Christopher Pyne MP, and the Minister for Finance, Senator the Hon Mathias Cormann, said it was great to see this significant program progressing so well.
“The Australian steel industry will benefit in particular with approximately 48,000 tonnes of steel required to complete the program.” Minister Pyne said
“89 per cent of the steel for the entire infrastructure project is Australian.”
“BAE Systems, through ASC Shipbuilding, will establish a sovereign naval shipbuilding capability which will enhance and strengthen our economy,” Minister Cormann said.