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19 March, 2010

Australian Submarines poor value for money

Australia's insistence on maintaining a strong defence industry means it pays vastly more than other nations for its equipment, a study has found. Conducted in the United States by McKinsey consultants, the study raises further concerns about the Rudd government's plans to acquire 12 submarines to replace the trouble-plagued Collins class vessels. Andrew Davies tolf the Age that is is his understanding is that [build or buy] is still an open question.

Melbourne Age
Sydney Morning Herald, p7
Age, p2
WA Today.com.au
Sydney Morning Herald

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