Tag: Deadly Moves

Seven deadly sins in the Defence industry – Pearls and Irritations

Top of nuclear submarine. Naval fleet.

And the LNP will blame the ALP

If previous defence acquisitions are any guide, the enormous cost of nuclear-powered submarines for the Royal Australian Navy will almost certainly escalate well beyond the estimated but un-itemised initial price of $A368 billion. The record of corruption of the two US submarine builders suggests that the project will also probably suffer from mismanagement. The final bill is likely to be astronomical.

Source: Seven deadly sins in the Defence industry – Pearls and Irritations