Australian Submarine Corporation
- Australian Submarine Corporation
The ASC, formerly Australian Submarine Corporation, is a wholly government-owned Australian naval defence company headquartered at Osborne in Adelaide, South Australia. Established in 1985 by a consortium of four organisations, ASC was brought under direct Government control in 2000 and the company today has over 1000 employees. As of 2006, Government plans to divest or privatise the company remained deferred.
ASC rose to prominence in 1987 when it was contracted by the Australian Government to design and manufacture a fleet of six "Collins Class" submarines for the Royal Australian Navy (RAN)[cite web|url=http://www.southaustralia.biz/CaseStudy/2007/08/04/ASC.aspx|title=ASC|date=August 2007|publisher=Department of Trade and Economic Development|accessdate=2008-08-03] in what was the largest defence contract ever signed in Australia. Although the submarine project was marred with difficulties throughout the 1990s mostly because of complications with the Kockums design, upon completion, the Collins' Class were hailed as the most advanced diesel-electric submarines in the world. ASC maintains the Collins Class fleet for their operational lifespans under a AU$3.5 billion contract with RAN.]In 2005 the company was selected by the Australian Government, ahead of two other bidders, as the preferred shipbuilder for three new AEGIS-based Australian air warfare destroyers (AWD) under the Sea 4000 project. The AWDs are scheduled for to begin service introduction in 2013. [cite news|url=http://www.news.com.au/adelaidenow/story/0,22606,15464694-910,00.html|title=Australina Submarine Corporation wins navy ship tender|date=May 30, 2005|work=The Advertiser|publisher=News Corporation|accessdate=2008-08-03] It is expected that ASC will also build the submarines which are being planned to replace the Collins Class, when they reach their expected retirement in 2025. [cite news|url=http://www.theaustralian.news.com.au/story/0,25197,22981343-31477,00.html|title=Defence to reach new depths|last=Stewart|first=Cameron|date=December 29, 2007|work=The Australian|publisher=News Limited|accessdate=2008-08-03]
References
External links
* [http://www.asc.com.au ASC]
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