Australia's $80 billion Future Submarine Program is "dangerously off track" according to a new report that urges the Government to ditch the controversial project and consider a nuclear option.
Businessman Gary Johnston, who commissioned and funded the study, fears the current plan to build 12 attack class submarines designed by French company Naval Group is at "high risk" of failing.
His report, prepared by Insight Economics, suggests Australia should instead immediately begin work on a "Plan B" — an evolved version of the current Collins class fleet — before eventually acquiring nuclear-powered boats.
Earlier this year, a report from the auditor-general confirmed the Future Submarine Program was running nine months late and Defence was unable to show whether the $396 million spent so far had been "fully effective".
"The Government's own advisory body, including three American admirals, even recommended the Government should consider walking away from the project," Mr Johnston said.
Under the proposed "Plan B", Swedish company Saab Kockums, which designed the navy's Collins class submarines, would be asked to prepare an updated design for the future submarine fleet.
Read more: https://www.abc.net.au/news/2020-03-11/australia-urged-to-embrace-nuclear-submarines/12043444
