Corporate/bureaucratic welfare project finally canned:

Posted on September 8, 2014 by KG

‘SEVENTY-TWO years after Japanese submarines attacked Sydney Harbour, the next generation of Australian submariners will be put to sea in boats made in Japan….’
At last! The Collins class subs have been an expensive disaster and done little more than provide a very comfortable sinecure for a vast army of leeches. The rationale for producing a “home grown” sub was that it would provide jobs and grow domestic expertise in a number of fields. What it’s done in reality is to deprive the RAN of an effective undersea deterrent for years.   Link

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4 Responses to Corporate/bureaucratic welfare project finally canned:

  1. Darin says:
    September 8, 2014 at 09:05

    I gather that Australian commercial shipbuilding went the way of US commercial shipbuilding- headed off to South Korea?

    I don’t see any way possible for a government owned builder to not get bloated off the taxpayer till.General Dynamics which technically isn’t government owned,still managed to let design creep and cost overruns nearly push them out of the sub business.I think they finally got the acquisition system straight

    http://publicaa.ansi.org/sites/apdl/Documents/Other%20Services/SBB/Case-Study-Virginia-Class-Submarine.pdf

    They managed to get the cost of the current Virginia class down to $1.76B a copy for 10 boats.Not too bad considering it’s a nuke with all the goodies.

  2. Robertv says:
    September 8, 2014 at 09:18

    And don’t forget the western Air ‘force’.

    F-35 THE GRAND DADDY DEBACLE OF ALL TIME

    http://youtu.be/ojPnp2hwqaE

  3. Darin says:
    September 8, 2014 at 09:22

    The new Virginia class subs-

    http://youtu.be/6En9UjLJelM