Japan offering Australia bigger and better version of Soryu class submarine and 100% technology transfer in US$38.8 billion deal
A Japanese consortium has placed a $35 billion bid to construct submarines for the Royal Australian Navy. While France’s DCNS Group and Germany’s Thyssen Krupp Marine Systems (TKMS) have offered proposals, several analysts believe Japan is the only bidder with submarines large enough to meet Australia’s demands. Japan has offered to construct a state-of-the-art submarine …