BAE wins multi-million pound Australian warship contract

[scooterscot]

Don't we need a trade agreement or something?!

British defence giant BAE Systems has won a multi-million pound contract from the Australian government to build nine new warships, marking a significant victory for British military exports.
BAE beat Italian and Spanish rivals to win a large slice of the £20bn spending programme.
The ships will be built in Australia, but are based on the Type 26 design BAE is building for the Royal Navy.
Theresa May said the deal was "an enormous boost" for the UK economy.
It is the first export of a British design for new-build frigates since the 1970s, the government said.
The prime minister said the deal reflected the government's strategy to "build on our close relationships with allies like Australia" as the UK prepares to leave the EU.

source: https://www.bbc.com/news/business-44649959

[GreenMirror]

Not if they pay by bitcoin.

[Cirrus]

Ah We'll Look Back on the Good Old Days

Don't we need a trade agreement or something?!

In case you didn't notice, we are still part of the EU. We can trade with all the World on very decent terms.

[Eirikur]

Ships will be built in Australia so no trade agreement needed

[scooterscot]

In case you didn't notice, we are still part of the EU. We can trade with all the World on very decent terms.

But but but the leave camp said NO!! And there's millions of Turks swarming their way across the channel... They'd be coming from bongo bongo land, $££@ business we're heading for sunlit hills

They said!!

[scooterscot]

Ships will be built in Australia so no trade agreement needed

So why are BAE celebrating? Who gets the money? Did they pull an Amazon/Starbucks with the books?

[SimonMac]

So why are BAE celebrating? Who gets the money? Did they pull an Amazon/Starbucks with the books?

It's BAE intellectual property (subsidised by the MoD), so they are selling the design someone else paid to create so it can be built locally by the Aussies.

[darmstadt]

It's BAE intellectual property (subsidised by the taxpayer), so they are selling the design someone else paid to create so it can be built locally by the Aussies.

FTFY