Latest news with #AnzacClass
Economic Times
4 days ago
- Business
- Economic Times
Australia awards navy frigate contract to Japan's Mitsubishi Heavy
Synopsis Australia has awarded Mitsubishi Heavy Industries a A$10 billion contract to deliver the first of its new navy frigates, marking a significant defense deal for both nations. This agreement, the largest since Australia's submarine pact with the US and Britain, underscores enhanced joint operations and interoperability. Reuters Mitsubishi Heavy Industries logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration Japan's Mitsubishi Heavy Industries will deliver the first of Australia's new navy frigates under a A$10 billion ($6.5 billion) deal, Australian Deputy Prime Minister Richard Marles said on Tuesday. The three frigate contract will be the biggest Australian defence purchase since the government in 2023 agreed to build nuclear-powered submarines with the United States and Britain, and one of Japan's biggest defence export deals. "Its going to be really important in terms of giving our navy the capability to project, and impactful projection is at the heart of the strategic challenge," Marles said, adding it was "a very significant moment in the bilateral relationship between Australia and Japan". Japan's Minister of Defence Gen Nakatani said it was a "major step forward in Japan's defense cooperation efforts". "The benefits include enhanced joint operations and interoperability with both Australia and the United States," he told a briefing in Tokyo. MHI's Mogami frigate was selected over German company Thyssen-Krupp Marine Systems' MEKO A-200 in a meeting of the Australian government's national security committee on Monday. The upgraded Mogami-class frigate was capable of launching long-range missiles, and had a range of up to 10,000 nautical miles, compared to Australia's current Anzac Class frigates, which had a range of around 6,000 nautical miles, Marles said. It also operated with a smaller crew than the Anzac class. The government said in 2024 it would spend up to A$10 billion for the general-purpose frigates to replace the Anzac Class. They will be equipped for undersea warfare and air defence to secure maritime trade routes and Australia's northern approaches. It said the first three general-purpose frigates will be built in Japan, with the remaining eight expected to be built by Austal in Western Australia state. The first frigate is expected to be delivered in 2029. The frigate contract is Japan's biggest and most significant defence deal since it lifted a decades-long ban on military exports in 2014, and only the second after it agreed to supply air defence radars to the Philippines. "This collaboration is of significant security importance to Japan," Nakatani said. The Japanese government had supported Mitsubishi's bid, after losing an Australian submarine tender to France a decade earlier, he added. Contract negotiations will begin this year with a contract expected to be signed in 2026, Australian and Japanese officials said. Finalising pricing, maintenance and sustainment arrangements, and the later transfer of production to Australia are major issues to be addressed, the officials said.
Asahi Shimbun
4 days ago
- Business
- Asahi Shimbun
Australia frigate contract a major step in defense cooperation for Japan
A mock model of the FFM "Upgraded Mogami" class is displayed during the Defense Security Equipment International (DSEI) Japan at Makuhari Messe in Chiba, east of Tokyo, Japan May 21, 2025. (REUTERS) SYDNEY/TOKYO--Japan's Mitsubishi Heavy Industries will deliver the first of Australia's new navy frigates under a A$10 billion ($6.5 billion) deal, Australian Deputy Prime Minister Richard Marles said on Tuesday. The three-frigate contract will be the biggest Australian defense purchase since the government in 2023 agreed to build nuclear-powered submarines with the United States and Britain, and one of Japan's biggest defense export deals. 'It's going to be really important in terms of giving our navy the capability to project, and impactful projection is at the heart of the strategic challenge,' Marles said, adding it was 'a very significant moment in the bilateral relationship between Australia and Japan'. Japan's Minister of Defense Gen Nakatani said it was a 'major step forward in Japan's defense cooperation efforts.' 'The benefits include enhanced joint operations and interoperability with both Australia and the United States,' he told a briefing in Tokyo. MHI's Mogami frigate was selected over German company ThyssenKrupp Marine Systems' MEKO A-200 in a meeting of the Australian government's national security committee on Monday. The upgraded Mogami-class frigate was capable of launching long-range missiles and had a range of up to 10,000 nautical miles, compared to Australia's current Anzac Class frigates, which had a range of around 6,000 nautical miles, Marles said. It also operated with a smaller crew than the Anzac class. The government said in 2024 it would spend up to A$10 billion for the general-purpose frigates to replace the Anzac Class. They will be equipped for undersea warfare and air defense to secure maritime trade routes and Australia's northern approaches. It said the first three general-purpose frigates will be built in Japan, with the remaining eight expected to be built by Austal in Western Australia state. The first frigate is expected to be delivered in 2029. The frigate contract is Japan's biggest and most significant defense deal since it lifted a decades-long ban on military exports in 2014, and only the second after it agreed to supply air defense radars to the Philippines. 'This collaboration is of significant security importance to Japan,' Nakatani said. The Japanese government had supported Mitsubishi's bid, after losing an Australian submarine tender to France a decade earlier, he added. Contract negotiations will begin this year with a contract expected to be signed in 2026, Australian and Japanese officials said. Finalizing pricing, maintenance and sustainment arrangements, and the later transfer of production to Australia are major issues to be addressed, the officials said.
Asahi Shimbun
4 days ago
- Business
- Asahi Shimbun
Australia awards navy frigate contract to Japan's Mitsubishi Heavy
A mock model of the FFM "Upgraded Mogami" class is displayed during the Defense Security Equipment International (DSEI) Japan at Makuhari Messe in Chiba, east of Tokyo, Japan May 21, 2025. (REUTERS) SYDNEY--Japan's Mitsubishi Heavy Industries will deliver Australia's new A$10 billion ($6.5 billion) navy frigate program, Australian Deputy Prime Minister Richard Marles said on Tuesday. The frigate contract, expected to be signed by the end of the year, will be the biggest Australian defense purchase since the government agreed to build nuclear-powered submarines with the United States and Britain in 2023, and one of Japan's biggest defense export deals. 'It's going to be really important in terms of giving our navy the capability to project, and impactful projection is at the heart of the strategic challenge,' Marles said, adding it was 'a very significant moment in the bilateral relationship between Australia and Japan.' MHI's Mogami frigate was selected over German company ThyssenKrupp Marine Systems' MEKO A-200 in a meeting of the government's national security committee on Monday. The upgraded Mogami-class frigate was capable of launching long-range missiles and had a range of up to 10,000 nautical miles, compared to Australia's current Anzac Class frigates, which had a range of around 6,000 nautical miles, Marles said. It also operated with a smaller crew than the Anzac class. The government said in 2024 it would spend up to A$10 billion for the general-purpose frigates to replace the Anzac Class. They will be equipped for undersea warfare and air defense to secure maritime trade routes and Australia's northern approaches. It says the first three general-purpose frigates will be built offshore, with the remainder built in Western Australia. The first frigate is expected to be delivered in 2029.
Time of India
4 days ago
- Business
- Time of India
Australia awards navy frigate contract to Japan's Mitsubishi Heavy
Japan's Mitsubishi Heavy Industries will deliver the first of Australia's new navy frigates under a A$10 billion ($6.5 billion) deal, Australian Deputy Prime Minister Richard Marles said on Tuesday. The three frigate contract will be the biggest Australian defence purchase since the government in 2023 agreed to build nuclear-powered submarines with the United States and Britain, and one of Japan's biggest defence export deals . Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program "Its going to be really important in terms of giving our navy the capability to project, and impactful projection is at the heart of the strategic challenge," Marles said, adding it was "a very significant moment in the bilateral relationship between Australia and Japan". Japan's Minister of Defence Gen Nakatani said it was a "major step forward in Japan's defense cooperation efforts". "The benefits include enhanced joint operations and interoperability with both Australia and the United States," he told a briefing in Tokyo. Live Events MHI's Mogami frigate was selected over German company Thyssen-Krupp Marine Systems' MEKO A-200 in a meeting of the Australian government's national security committee on Monday. The upgraded Mogami-class frigate was capable of launching long-range missiles, and had a range of up to 10,000 nautical miles, compared to Australia's current Anzac Class frigates, which had a range of around 6,000 nautical miles, Marles said. It also operated with a smaller crew than the Anzac class. The government said in 2024 it would spend up to A$10 billion for the general-purpose frigates to replace the Anzac Class. They will be equipped for undersea warfare and air defence to secure maritime trade routes and Australia's northern approaches. It said the first three general-purpose frigates will be built in Japan, with the remaining eight expected to be built by Austal in Western Australia state. The first frigate is expected to be delivered in 2029. The frigate contract is Japan's biggest and most significant defence deal since it lifted a decades-long ban on military exports in 2014, and only the second after it agreed to supply air defence radars to the Philippines. "This collaboration is of significant security importance to Japan," Nakatani said. The Japanese government had supported Mitsubishi's bid, after losing an Australian submarine tender to France a decade earlier, he added. Contract negotiations will begin this year with a contract expected to be signed in 2026, Australian and Japanese officials said. Finalising pricing, maintenance and sustainment arrangements, and the later transfer of production to Australia are major issues to be addressed, the officials said.
The Star
4 days ago
- Business
- The Star
Australia awards navy frigate contract to Japan's Mitsubishi Heavy
FILE PHOTO: Australian Deputy Prime Minister and Minister for Defence Richard Marles looks on during his ceremonial reception, in New Delhi, India, June 4, 2025. REUTERS/Anushree Fadnavis//File Photo SYDNEY (Reuters) -Japan's Mitsubishi Heavy Industries will deliver Australia's new A$10 billion ($6.5 billion) navy frigate programme, Australian Deputy Prime Minister Richard Marles said on Tuesday. The frigate contract, expected to be signed by the end of the year, will be the biggest Australian defence purchase since the government agreed to build nuclear-powered submarines with the United States and Britain in 2023, and one of Japan's biggest defence export deals. "Its going to be really important in terms of giving our navy the capability to project, and impactful projection is at the heart of the strategic challenge," Marles said, adding it was "a very significant moment in the bilateral relationship between Australia and Japan". MHI's Mogami frigate was selected over German company ThyssenKrupp Marine Systems' MEKO A-200 in a meeting of the government's national security committee on Monday. The upgraded Mogami-class frigate was capable of launching long-range missiles, and had a range of up to 10,000 nautical miles, compared to Australia's current Anzac Class frigates, which had a range of around 6,000 nautical miles, Marles said. It also operated with a smaller crew than the Anzac class. The government said in 2024 it would spend up to A$10 billion for the general-purpose frigates to replace the Anzac Class. They will be equipped for undersea warfare and air defence to secure maritime trade routes and Australia's northern approaches. It says the first three general-purpose frigates will be built offshore, with the remainder built in Western Australia. The first frigate is expected to be delivered in 2029. ($1 = 1.5456 Australian dollars) (Reporting by Alasdair Pal and Kirsty Needham in Sydney; Editing by Stephen Coates)
