, The French defence procurement agency (DGA) today announced that it has awarded the Barracuda SSN contract to the DCN group and partner Areva-TA. The contract calls for the delivery of six new-generation nuclear-powered attack submarines, or SSNs, and through-life support services during their first years of operational service.
The programme has been split into an initial contract (tranche ferme), followed by six options (tranches conditionnelles). The contracts cover design, development, production and through-life support. The initial contract is worth over EUR 1 billion out of a projected total of EUR 8 billion over 20 years. The first Barracuda SSN is scheduled for delivery in 2016. The group
US military ‘not ready’ to escort tankers through Hormuz Strait
The US military is currently "not ready" to escort tankers through the critical Strait of Hormuz because all its assets...
