Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Poland may buy submarines with other NATO members -minister

Published 06/09/2015, 16:14
© Reuters.  Poland may buy submarines with other NATO members -minister
AIR
-

WARSAW (Reuters) - Poland may join forces with other NATO members such as Norway or the Netherlands to buy submarines in a bid to cut costs, instead of buying them alone, Deputy Defence Minister Czeslaw Mroczek said on Sunday.

The ministry had planned to buy three submarines with delivery set for 2020-25 and at a cost of 7.5 billion zlotys ($2 billion) in a tender due to be launched at the start of this year.

This was postponed when Poland decided to change the contract specification to arm the fleet with manoeuvring missiles.

"We are considering obtaining submarines, for instance together with Norway or the Netherlands," Mroczek told state news agency PAP.

He said work was being completed on the initial specifications for the fleet. The aim of partnering up with NATO members was to save on costs, PAP reported him as saying.

"From the point of view of the procedure and how we do it - whether in one or two proceedings - will depend on if we buy the submarines alone or as a joint project of two or more NATO members," he said.

According to PAP, French industrial group DCNS, Swedish Saab Kockums and German ThyssenKrupp Marine Systems have shown interest in a tender for building the submarines.

Poland's defence ministry was not immediately available for comment.

Poland sped up a modernisation programme of its military after Russia's annexation of Ukraine's Crimea Peninsula last year prompted great concern among NATO members in Eastern Europe.

Earlier this year Poland announced it would buy Raytheon Co's Patriot missiles from the United States and provisionally selected French Airbus Group (PARIS:AIR) helicopters in deals potentially worth $8 billion.

Asked to comment on the deputy minister's announcement, Dutch Defence Ministry spokeswoman Lisa Hartog said the Dutch government was in talks with countries that it cooperates with on naval strategy on replacing its "Walrus" class submarines in the coming years.

"What we're going to be doing, in concrete terms, will only be decided toward the end of this year," Hartog told Reuters.

The Norwegian Defence Ministry spokeswoman Marita Wangberg said Poland could potentially qualify as a partner in the purchase of submarines.

"A future acquisition is yet to be decided, but as part of the process, cooperation with other countries is being assessed. In such cases Poland can be a relevant candidate," Wangberg said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.