SSN-AUKUS submarine build partner
In March 2024, the Australian Government announced BAE Systems and ASC would partner to deliver Australia’s conventionally armed, nuclear-powered SSN-AUKUS submarines, under a future incorporated joint venture.
Under a Mobilisation Deed with ASC and the Australian Submarine Agency, we are working together to support the joint development of a build strategy, supply chain management plans, and a workforce development strategy for Australia’s future nuclear-powered submarines.
The SSN-AUKUS program is one of the most significant industrial endeavours in Australia's history. The program will deliver a major boost to Australian industry, jobs, infrastructure and the nation’s defence capability to keep Australians safe.
Global Combat Air Programme
In 2024, we reached an agreement with our international partners, Leonardo SpA and Japan Aircraft Industrial Enhancement Co Ltd (JAIEC), to form a new joint venture company for GCAP, subject to regulatory approvals.
Each partner will hold a one-third shareholding in the new joint venture, which will be accountable for the design, development and delivery of the next-generation combat aircraft and will remain the design authority for GCAP for the life of the product, expected to go out beyond 2070.
The agreement builds on the strong trilateral government, defence and industrial cooperation between the UK, Japan and Italy on GCAP since it was established in 2022.
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