Maritime Monitoring

APRIL 25, 2016 — Australian Prime Minister Malcolm Turnbull has announced that France's DCNS Group has been awarded a A$50 billion ($39 billion) contract to construct 12 submarines, beating bids from Germany's Thyssen Krupp and a Japanese consortium including Japan's Mitsubishi Heavy Industries and Kawasaki Heavy Industries. "These submarines will be the most sophisticated naval vessels being built in the world, and they will be built here in Australia; built in Australia with Australian…