A $1.2 billion contract extension to sustain eight Anzac Frigates for a further five years has secured the futures of almost 1,700 workers in Australia.
An agreement with BAE Systems Australia, Saab Australia, and Naval Ship Management Australia (a joint venture between Babcock and UGL) covers sustainment of ANZAC class ships and their shore support and training facilities.
The majority of the work will be done in Henderson, further cementing it as one of Australia’s naval shipbuilding and sustainment centres.
Sydney, Adelaide, and Williamstown will also benefit as a result of this contract.
Defence Industry minister Christopher Pyne said the five-year program is unique in the maritime domain and will provide long-term certainty to skilled workers.
“This strategic partnership will see highly skilled jobs secured around the country, including in small and medium-sized businesses,” Pyne said.
“This is an exciting development as it provides increased opportunities for local industry to get involved in this booming sector.
“This is an essential piece in our long term strategy around continuous naval shipbuilding and sustainment in Australia.”