Australia, Japan Finalise Deal for 3 Naval Frigates

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Deputy Prime Minister and Minister for Defence Richard Marles after holding a joint press conference with the Minister of Defense of Japan Koizumi Shinjiro, in Melbourne, Australia. Rodney Braithwaite/Australian Defence ForceThe defence ministers of Australia and Japan have concluded wide-ranging talks by signing contracts for the first 3 of 11 Mogami-class frigates, to be built by Mitsubishi Heavy Industries (MHI) at a cost of around AU$10 billion (US$7.4 billion).The Japanese option was selected last August, beating the German Thyssenkrupp-manufactured TKMS MEKO A-200.

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