{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6461aa4dcd2b40001119e5eb/6639986d793d4000133b10ca?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Episode 46","description":"<ul><li>An industry source has described the General Purpose Frigate project as a “goat rodeo”, but before we get to that a few words about the cancellation of SEA 1905.&nbsp;This was the latest RAN effort to improve mine warfare capabilities – and after 5 years of effort on the part of three bidders has been abruptly cancelled. No reason has been given but it looks to be because Australia will soon transfer $4.7 billion to profitable US submarine construction companies.&nbsp;However, mine warfare is a vital capability, particularly if you hope to operate nuclear-powered submarines.&nbsp;A few words about the IIP – and the big takeaway is that funding is only available for the new submarines and general purpose frigates.&nbsp;This means Navy will receive 38% of the acquisition budget – more than Army, RAAF and Cyber combined.&nbsp;Finally the Luerssen corvette offer – and someone has to find out why it was apparently ignored by the Independent Review into the surface fleet.&nbsp;It’s the only way of rapidly delivering capability with all ships constructed at Henderson with an existing Australian supply chain giving 80% local content.</li></ul><p><br></p>","author_name":"APDR"}