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German firm gets biggest defence contract in Australian history

IANS  |  Canberra 

German has won a $4.08 billion contract to build 211 light armoured vehicles for the

while announcing the contract on Wednesday, said it was the single-largest acquisition in the Australian Army's history, with the purchase and maintenance of the vehicles to cost $12.1 billion.

"This is about lethality and survivability. This is about capability and protection," quoted Turnbull as saying.

The vehicles will be built at a new facility in Ipswich, west of Brisbane, creating 1,450 jobs across

The also considered a bid by the Britain's BAE Systems, which would have built the vehicles in Victoria, but said the chosen prototypes had been through rigorous testing.

The vehicles will have a 30-year life and will be equipped for peacekeeping and high-threat operations, the said.

The opposition has accused the government of choosing Rheinmetall's bid to appease voters in marginal electorates in Queensland, a suggestion dismissed by



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 14 2018. 09:12 IST