Merkel backs German bid to build Australian submarine fleet


  • World
  • Friday, 13 Nov 2015

German Chancellor Angela Merkel and Australian Prime Minister Malcolm Turnbull address a joint news conference at the Chancellery in Berlin November 13, 2015. REUTERS/Axel Schmidt

BERLIN (Reuters) - Chancellor Angela Merkel voiced her government's support on Friday for a German arms manufacturer's bid to win a $35.7 billion (23.44 billion pound) contract from Australia to build it a new fleet of submarines.

Germany's ThyssenKrupp Marine Systems (TKMS) and France's state-controlled naval contractor DCNS are competing with Japan for the deal, seen in part as an Australian effort to counter Chinese assertiveness in the Asia-Pacific region.

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