Tag: DCNS Group

• Monday, May 22nd 2017 - 09:04 UTC

  French financial prosecutors investigating submarines' sale to Brazil

  

  French financial prosecutors have launched an investigation into a 6.7 billion euro (US$7.5 billion) 2008 contract between naval supplier DCNS and Brazil that included the sale of five submarines, it was reported on Sunday in Paris.

• Wednesday, April 27th 2016 - 10:51 UTC

  In a strategic decision, Australia opts for French submarines, sinks Japanese bid

  

  France has beaten Japan and Germany to win a US$ 43 billion deal to build a fleet of 12 submarines for Australia, one of the world's most lucrative defense contracts, Australian Prime Minister Malcolm Turnbull announced on Tuesday.