AUKUS: French Government, Naval Group React To Australia’s Decision To End Attack-Class Submarine Program Deal

“Major disappointment” for French shipbuilder as Australia cancels submarine contract The French shipbuilder Naval Group has described Australia’s decision to cancel a multi-billion euro contract to build twelve submarines as a “major disappointment”. The deal – first agreed in 2016 – has been the subject of debate in Australia for years over potential delays and rising costs. Naval Group is now in line for tens of millions of euros in compensation from Canberra for breaking the contract. Following yesterday’s announcement that the Australian Government will no longer be proceeding with the Attack Class Submarine Program, France’s Foreign Ministry and Ministry…