TYSONS CORNER, VA, Nov. 28, 2017 ” BAE Systems and the U.K. government are planning to transfer $1.1 billion in intellectual property from the Type 26 Global Combat Ship program to support Australia’s SEA 5000 effort if the company secures the tender for the future frigates, ExecutiveBiz reported Monday.
The company said Thursday the proposed transfer of technical design data on ship parts, materials and systems to Australia aims to help develop that country’s shipbuilding capability and utilize local industry as part of BAE’s bid to build nine frigates based on the Global Combat Ship-Australia.
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