The new submarine and frigate Defence contracts are what seem to be the largest and second largest in history, at A$50 billion and A$30 billion respectively. France has won the submarine contract; the winner of the frigate contract is yet to be decided. Whatever the outcome as to which country wins the frigate contract, both fleets, it is proposed, will be built in Adelaide.
There are 12 new submarines and 9 new frigates to be built. The new fleet of submarines will replace the Collins Class fleet, the new fleet of frigates the Anzac Class fleet.
Two thoughts come to mind: In a needy world, should we be spending so much money on weapons of war? And, with imminent global threats, should we be spending more?