2.4 Details of Project Major Contracts

Contractor

Signature Date

Price (Base) at

Type (Price Basis)

Form of Contract

Notes

Signature $m

30 Jun 11 $m

AWD Alliance

Oct 07

4,323.1

4,379.6

Variable with Pain/Gain Share

Alliance

Navantia

Oct 07

373.6

373.0

Fixed with indices escalation

Alliance based

NATO Consortium

Dec 09

78.5

78.5

FMS (NATO)

FMS (NATO)

US Government

Oct 05

842.7

1,234.5

FMS

FMS

1

Notes

1

The FMS Case established pre-Second Pass involved three contractual steps (initial version and two amendments); October 2005 for initial engineering services, April 2006 for long lead items and July 2006 for three ship sets of core Aegis Combat System Equipment. The resulting scope was in accordance with Government approval of Sea 4000 Phase 3.1. Post-Second Pass, there have been two further amendments to the FMS Case for additional equipment and services for both the AWD Program and the AWD Alliance. These amendments are in accordance with Government approval at Second Pass for the full scope of Sea 4000 Phase 3. There will be further amendments to the FMS Case to cover additional equipment and services for the project. FMS prices are out turned US dollar amounts which have been converted to AUD using exchange rate at original base date. The Price at Signature excludes $171m spent in previous phases of the project. The Price at 30 June 2011 excludes a current Alliance liability of $168.5m.

Contractor

Quantities as at

Scope

Notes

Signature

30 Jun 11

AWD Alliance

3

3

Air Warfare Destroyer

Navantia

N/A

N/A

Platform System Design and Services

NATO Consortium

Classified

Classified

ESSM Missiles

1

US Government

3

3

Aegis Combat System

Major equipment received and quantities to 30 Jun 11

All major design reviews completed. Block production underway at all three shipyards.

Notes

1

Quantities being acquired are classified.