Billion-dollar deal to produce Australian-made Boxer autos to Germany to be signed in the present day

Germany’s parliament has accredited a plan to purchase greater than 100 Boxer armoured autos assembled in Queensland in a deal being touted as Australia’s “single largest defence export” of all time.

A contract price greater than $1 billion is anticipated to be signed by each nations in a while Thursday, in a transfer which is prone to maintain a whole bunch of jobs at Rheinmetall’s MILVECOE facility in Ipswich.

Particulars of the plan had been first unveiled when Prime Minister Anthony Albanese visited Berlin final yr, however its future was put doubtful after Australia awarded a extra profitable contract for Infantry Combating Autos (IFVs) to a South Korean firm as an alternative of Germany’s Rheinmetall.

On the time of the announcement, many figures contained in the defence business believed the deal would solely survive if Germany’s Rheinmetall was awarded the multi-billion-dollar LAND 400 Section 3 venture to assemble IFVs in Australia.

Regardless of Germany’s disappointment at lacking out on the IFV venture, the ABC has confirmed lawmakers in Berlin have in a single day voted in favour to maintain the Australian export deal.

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