France mulling compensation claim as Australia pulls out of submarine contract worth billions, favoring UK & US partners ...News

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France mulling compensation claim as Australia pulls out of submarine contract worth billions, favoring UK & US partners
source : Russia Today ( News ) () 18
The French armed forces minister has said her government is looking at a number of options to minimize financial losses from Australia's decision to end a lucrative submarine contract with France's Naval Group. Speaking on Thursday, Armed Forces Minister Florence Parly said that the French government will look to ensure that the financial loss to the country and the Naval Group is limited as much as possible, after the contractor's huge submarine deal with Australia was ditched in favor of the UK and US as suppliers. "We are studying all avenues," Parly told Radio France Internationale when asked whether the Macron government might see

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