Australian Submarine Corporation
Encyclopedia
The ASC, formerly Australian Submarine Corporation, is a wholly government-owned Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

n naval defence company headquartered at Osborne
Osborne, South Australia
Osborne is a north-western suburb of Adelaide, South Australia, Australia 19 km from the CBD, in the City of Port Adelaide Enfield. It is on the LeFevre Peninsula, adjacent to Outer Harbor, Taperoo and North Haven...

 in Adelaide
Adelaide
Adelaide is the capital city of South Australia and the fifth-largest city in Australia. Adelaide has an estimated population of more than 1.2 million...

, South Australia
South Australia
South Australia is a state of Australia in the southern central part of the country. It covers some of the most arid parts of the continent; with a total land area of , it is the fourth largest of Australia's six states and two territories.South Australia shares borders with all of the mainland...

.

History

The Australian Submarine Corporation was created when Kockums
Kockums
Kockums AB is a shipyard in Malmö, Sweden owned by the German shipyard Howaldtswerke-Deutsche Werft in Kiel. HDW itself is a subsidiary of the German ThyssenKrupp Marine Systems....

 (designer of the Collins class submarine
Collins class submarine
The Collins class is a class of six Australian-built diesel-electric submarines operated by the Royal Australian Navy . The Collins class takes its name from Australian Vice Admiral John Augustine Collins; all six submarines are named after significant RAN personnel who distinguished themselves in...

) became part of a joint venture with the Australian branch of Chicago Bridge & Iron, Wormald International
Wormald International
Wormald International is a former Australian company that was bought out by Tyco International as of 1990.Joseph Wormald with partner Stanley Russell established Russell and Wormald business in 1889, which continued operating with this name until 1900. Wormald Brothers is formed in 1990 when Harry...

, and the Australian Industry Development Corporation to construct the six vessels.

The ASC construction facility was established on previously undeveloped land on the bank of the Port River
Port River
The Port River is the western branch of the largest tidal estuary on the eastern side of Gulf St Vincent. It extends inland through the historic Inner Harbour of Port Adelaide, to the constructed salt-water West Lakes in the north-western suburbs of Adelaide, the capital of South Australia...

, at Port Adelaide, South Australia. Work on the site began on 29 June 1987, and it was opened in November 1989. South Australia had been selected as the site of the construction facility based on the proposed location of the facility and promises by the State Government to help minimise any problems caused by workers unions.

By the end of 1990, Chicago Bridge & Iron and Wormald International
Wormald International
Wormald International is a former Australian company that was bought out by Tyco International as of 1990.Joseph Wormald with partner Stanley Russell established Russell and Wormald business in 1889, which continued operating with this name until 1900. Wormald Brothers is formed in 1990 when Harry...

 had both sold their shares in ASC. The shares were bought up by Kockums and the Australian Industry Development Corporation, with some of Kockums' shares then sold to James Hardie Industries to maintain an Australian majority ownership of the company. On 5 April 2000, the shares in ASC held by Kockums were bought out and the company was nationalised, despite a trend by John Howard
John Howard
John Winston Howard AC, SSI, was the 25th Prime Minister of Australia, from 11 March 1996 to 3 December 2007. He was the second-longest serving Australian Prime Minister after Sir Robert Menzies....

's Coalition government towards privatisation of government-owned companies.

Products

ASC rose to prominence in 1987 when it was contracted by the Australian Government
Government of Australia
The Commonwealth of Australia is a federal constitutional monarchy under a parliamentary democracy. The Commonwealth of Australia was formed in 1901 as a result of an agreement among six self-governing British colonies, which became the six states...

 to design and manufacture a fleet of six Collins class
Collins class submarine
The Collins class is a class of six Australian-built diesel-electric submarines operated by the Royal Australian Navy . The Collins class takes its name from Australian Vice Admiral John Augustine Collins; all six submarines are named after significant RAN personnel who distinguished themselves in...

 submarines for the Royal Australian Navy
Royal Australian Navy
The Royal Australian Navy is the naval branch of the Australian Defence Force. Following the Federation of Australia in 1901, the ships and resources of the separate colonial navies were integrated into a national force: the Commonwealth Naval Forces...

 (RAN) in what was the largest defence contract ever signed in Australia. Although the submarine project was marred with difficulties throughout the 1990s, upon completion the Collins class were hailed as the most advanced diesel-electric submarines in the world. The difficulties continued, however, and the very expensive Collins class submarines have been plagued with troubles and controversy ever since. ASC maintains the six Collins class submarines for their operational lifespans under a A$3.5 billion contract with RAN. To date, no other navy has expressed interest in buying a Collins class submarine.

In 2005, the company was selected by the Australian Government, ahead of two other bidders, as the preferred shipbuilder for three new AEGIS
Aegis combat system
The Aegis Combat System is an integrated naval weapons system developed by the Missile and Surface Radar Division of RCA, and now produced by Lockheed Martin...

-based Australian air warfare destroyers (AWD) under the Sea 4000 project. The AWDs are scheduled for to begin service introduction in 2013. It is expected that ASC will also build the submarines which are being planned to replace the Collins class
Collins class submarine replacement project
The Collins class submarine replacement project is a Royal Australian Navy effort to replace the Navy's six Collins class submarines with 12 new Australian designed submarines from 2025...

, when they reach their expected retirement in 2025.
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