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Australia has signed a new deal with Australian Submarine Corp. for maintenance and support of the Collins Class submarines.
"The new contract has been put in place to deliver more efficient and effective sustainment services that will improve the availability and reliability of the Collins Submarine fleet," a statement from the Defense Materiel Organization said.
Prime contractor ASC, which built the six subs between 1990 and 2003, provides maintenance for the submarines but on a "forward-funded cost-plus" basis, the statement said.
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"The new contract has been put in place to deliver more efficient and effective sustainment services that will improve the availability and reliability of the Collins Submarine fleet," a statement from the Defense Materiel Organization said.
Prime contractor ASC, which built the six subs between 1990 and 2003, provides maintenance for the submarines but on a "forward-funded cost-plus" basis, the statement said.
Read More................
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