Australia Picks Japan to Build Frigates in $10 Billion Deal
In a significant win for Mitsubishi Heavy Industries (MHI), the Australian government has selected the Japanese company’s Mogami frigate to build the nation’s new warship fleet, beating out German rival ThyssenKrupp Marine Systems. The initial contract for the first three vessels is valued at $10 billion, with the remaining eight ships to be built in Western Australia. This decision, which includes Japan giving Australia priority access to the warships and the backing of the United States, marks a major defense industry agreement between Australia and Japan, ensuring a more capable and modern naval fleet. The first of these frigates is expected to be in service by the end of the decade, replacing the older ANZAC-class ships and filling a critical capability gap.
John Q. Hosedrinker