ASC shares increased focus on submarine availability

The Federal Government’s announcement that a new Australian Submarine Program Office will be established in Adelaide next month has been welcomed by Collins Class submarine builder and maintainer, ASC Pty Ltd.

Managing Director and Chief Executive Officer Mr Steve Ludlam said the new project office will pave the way towards closer working relationships between the Navy, Defence Materiel Organisation (DMO) and ASC; the three key players in Australia’s submarine force.

“ASC is committed towards improving the overall availability and affordability of the Collins Class submarines; a commitment that has already seen a large restructure within our organisation, and a renewed focus towards engaging with our customer,” Mr Ludlam said.

“Our goal is to demonstrate exemplary performance in the maintenance and repair of Australia’s submarines and, by working side-by-side with the Navy and DMO, we are well on the way to achieving this objective.”

ASC is the nation’s last remaining Australian-owned prime defence contractor. The company constructed the Collins Class submarines and today delivers design, upgrade and maintenance services for the submarines through-life. ASC is also the shipbuilder of Australia’s next generation warships – the Hobart Class Air Warfare Destroyers. ASC employs over 1,300 personnel in South Australia and Western Australia, including 280 engineering and technical specialists.

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