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.
...
The Australian Strategic Policy Institute (ASPI), in a study last year, put a price tag of $9 billion on buying off-the-shelf European submarines, and $36 billion on an Australian design and build.
...
makes the hornets look like butterflies...
Source:
The Age March 2010
wasteful spending, page-7
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)