German subs win would increase suppliers’ export chances: Siemens

A winning German bid to build the next fleet of Australian submarines would help Australian companies access global supply chains, according to Siemens.

A winning German bid to build the next fleet of Australian submarines would help Australian companies access global supply chains, according to Siemens.

The company, which is a part of the TKMS-led German group going against French and Japanese bids for the $50 billion Future Submarines fleet, has highlighted the importance of global digital platforms in an interview with The Australian Financial Review.

"We are having to donate significant amounts of this software to sort of touch and feel 'what are we talking about?' to get access to this supply chain that we are talking about,” Connolly told The AFR.

“If you don't use the global tools, you can't access it, because … the bulk of the global supply chains get decided by the largest companies in the world.”

Siemens Australia managing director Jeff Connolly told the paper that the company would build a digital shipbuilding centre at Tonsley Park, the former Mistubishi factory site, regardless of who was successful in the submarine Competitive Evaluation Process.