Rann Funds Shipbuilding Site Expansion

The South Australian Government has approved another $86m to expand the Osborne shipbuilding site in Adelaide. South Australian Premier Mike Rann met with the state's defense industry advisory board chairman, General Peter Cosgrove, on July 6 to brief him on the Techport Australia expansion. The Australian Broadcasting Company reports that the total development budget has reached $183m with another shipbuilding berth to be established at the site, along with more rail tracks. Techport Australia will eventually have the capacity to build the air warfare destroyers, as well as sections for the $1.5b amphibious ship program. (Source: The Australian Broadcasting Corporation)