SYDNEY (Reuters) – Australia said on Saturday it had signed a A$2.2 billion ($1.4 billion) four-year contract with state-owned submarine builder ASC to upgrade the navy’s Collins class submarines. The “sustainment contract” is part of a government pledge to keep the diesel-electric powered Collins-class fleet “a potent strike and deterrence capability”, Defence Industry Minister Pat Conroy said in a statement. The contract will be “directly ensuring job security for more than 1,100 highly skilled workers”, […]





