'Hundreds' of Australian companies left in the lurch after French submarine deal scrapped - Sky News Australia

Australian Industry & Defence Network CEO Brent Clark says he is concerned about the “hundreds” of companies around Australia who were preparing for the French submarine deal, which was recently scrapped by the federal government.

“The reality here is that, clearly, the government has made a strategic decision and we will always respect the government’s right to do that,” Mr Clark told Sky News Australia.

“But you have got hundreds of Australian companies systematically investing, upgrading, upskilling, and spending money to get themselves ready to go into the supply chain for Naval Group.

“We need to ask the question – how are those companies going to be looked after?



Read Full Story: https://www.skynews.com.au/business/hundreds-of-australian-companies-left-in-the-lurch-after-french-submarine-deal-scrapped/video/280f7f84a17a68c256371182a7542fb2

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