The Federal Government is weighing up alternatives to its plans of upgrading the current Collins-class submarines after revelations its cost could blow out to $10 billion.
The admission comes as doubt grows over the sustainability and viability of the government’s planned upgrades to the Collins submarines with the estimated cost potentially blowing out to $10 billion.
Prime Minister Anthony Albanese has been forced to weigh up alternatives to upgrading Australia's Collins-class submarines. Picture: NCA NewsWire / Martin Ollman The dilemma arose as the cost of the Government’s plans to extend the life of its current Collins-class could blow out from the expected $6 billion to up to $10 billion.
“At the same time, we need to build relationships. That's what I've been doing. I've been doing that here in India. There has been ongoing speculation for 18 months on which design - the United States Virginia or British Astute class - would be chosen for Canberra's fleet.
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