The Future Submarine program will deliver an affordable, regionally dominant, conventional submarine capability, sustainable into the foreseeable future.
Submarines are the most complex, sensitive and expensive Defence capability acquisition Government can make.
They are of strategic importance to Australia and a critical element in the nation’s maritime security planning, with Australia’s national security and $1.6 trillion economy depend on secure sea lanes. As such, Australia needs the best possible submarine to protect our trade and support our maritime security.
The Future Submarine Program (SEA1000) will deliver for Australia an affordable, regionally superior, conventional submarine capability, sustainable into the foreseeable future.
It will be the largest Defence procurement program in Australia’s history and represents an investment in the order of $50 billion in Australia’s security.
It will also be defined by a capability design, construction and sustainment challenge of unprecedented scale and complexity, and will span decades.
There are however no off-the-shelf submarine options that meet Australia’s unique submarine capability requirements.
As consequence, the Australian Government has commenced a competitive evaluation process to select an international partner to design and build the next generation of submarines.
The program will involve Federal and State Governments, Defence, industry and universities and Australia’s international partners – working together for generations to come.
At its conclusion, the Future Submarine Program will provide Australia with similar range and superior sensor performance, stealth and endurance to the COLLINS class submarines.
It must however be delivered in time to avoid a capability gap.
The decisions we make on the Future Submarine Program will determine what kind of capability we have to defend Australia and Australian interests into the 2040s and beyond.