Michael H. Standart
Member
From The Sydney Morning Herald:
Aussie-made warships to cost more: study
Aussie-made warships to cost more: study
Story at http://www.smh.com.au/news/National/Aussiemade-warships-to-cost-more-study/2007/06/14/1181414447334.htmlquote:
Australia could end up paying up to $2 billion extra to have three new advanced air warfare destroyers built here rather than overseas, a new study warns.
The Australian Strategic Policy Institute study said a comparable warship of the sort produced by South Korea for its own navy would cost $A1.25 billion, while one produced in America for the US Navy would cost $A1.5 billion.
The author, analyst Dr Andrew Davies, said the publicly announced budget for three Australian-produced AWDs in the Defence Capability Plan (DCP) was $4.5 billion to $6 billion, although industry analysts had suggested it could be as much as $8 billion.