The Naval Shipbuilding Plan, released on 16 May 2017, outlines the Government’s vision for the Australian naval shipbuilding enterprise and the significant investment required in the coming decades.
The Plan sets out how Government is delivering on its commitment to build a strong, sustainable and innovative Australian naval shipbuilding industry. It provides the foundation for implementing the Government’s commitment to the greatest regeneration of our country’s naval capability since the Second World War. At the same time it will create a long-term, sustainable naval shipbuilding and ship sustainment capability that will serve our strategic and economic interests for many decades.
The goal of the Naval Shipbuilding Plan is to ensure that the regeneration of the Royal Australian Navy over the coming decades will ensure a cost-effective solution for the Government and provide Navy the assured capability to fight and win. The National Naval Shipbuilding Office has been established to implement the Naval Shipbuilding Plan.
The Government is laying the foundations for an Australia-wide, continuous National Naval Shipbuilding Enterprise, ending the boom-bust cycle that has afflicted the Australian naval shipbuilding and sustainment industry. This will provide certainty to local businesses and shipbuilding workers and provide direct and indirect employment opportunities for generations to come.
Four key enablers are required to implement the Naval Shipbuilding Plan:
Success will see the realisation of the significant strategic, economic and employment advantages to Australia that a sovereign shipbuilding and sustainment capability can bring.
The 2020 Force Structure Plan builds on Government’s commitment to continuous naval shipbuilding, including plans for the acquisition or upgrade of up to 23 different classes of Navy and Army maritime vessels. This represents a planned investment of $168 - $183 billion out to the completion of the Attack class submarine build in the 2050s.
Detail on opportunities for Australia’s shipbuilding industry arising from the 2020 Force Structure Plan will be included in an update to the Naval Shipbuilding Plan.