MHI lands Australia’s first warship export with three Mogami-class frigates
TL;DR Summary
Mitsubishi Heavy Industries won Australia’s first-ever warship export contract, a AU$10 billion deal to build three upgraded Mogami-class general-purpose frigates for the Royal Australian Navy, with the first ship due in 2029; Australia plans up to AU$20 billion for 11 frigates, the first three built by MHI, and the deal helped lift MHI shares about 4% as Japan weighs loosening arms-export rules.
- Japan's Mitsubishi Heavy Industries sees shares jump nearly 4% on first ever warship export deal CNBC
- Australia, Japan sign contracts to start $7 billion warship deal Reuters
- Australia and Japan sign contracts for $7bn warships deal Al Jazeera
- Japan seals largest-ever defense contract with frigate sale to Australia The Japan Times
- Australia Signs Contract With Japan For Three Upgraded Mogami navalnews.com
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