• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, March 7
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    US Lost Jobs In February, Showing Weaker Economy Than Expected

    March 6, 2026

    Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

    March 3, 2026

    Ford Recalls Over 4,000,000 Vehicles For Software Glitch

    February 26, 2026

    Jamieson Greer Says Trump Still Has ‘Very Durable Tools’ For Tariffs, Trade Deals

    February 22, 2026

    Scott Bessent Lays Out Future Of Trump’s Tariffs, Trade Deals

    February 22, 2026
  • Finance

    How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

    February 18, 2026

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Indonesia’s Scorpene Submarine Deal With France, Explained
Finance

Indonesia’s Scorpene Submarine Deal With France, Explained

April 9, 2024No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Indonesia’s Scorpene Submarine Deal With France, Explained
Share
Facebook Twitter LinkedIn Pinterest Email

France’s Naval Group recently announced that Indonesia had signed a contract to purchase two Scorpene submarines, which a lithium-ion battery system will power in a deal valued at around $2 billion. The most interesting part to me is that both submarines will be built in Indonesia by state-owned shipbuilder PT PAL at its facility in Surabaya.

This deal has been in the works for a while, and it helps consolidate the increasingly close defense ties between France and Indonesia. French aerospace firm Dassault is already in the middle of an $8 billion contract to deliver 42 Rafale fighter jets to the Indonesian Air Force, with the first planes set to arrive in two years. And Thales, a French technology company, is co-developing radar and other electronic systems with Indonesian defense firm PT Len. But the Scorpene deal represents a big, and risky, step forward.

As an archipelagic nation covering a large maritime territory, some of which is increasingly entangled in geopolitical tensions, Indonesia undoubtedly needs a submarine fleet. In 2011, the country signed a deal to buy three Jang Bogo-class submarines from South Korea’s Daewoo Shipbuilding & Marine Engineering for about $1 billion. The first two were built in Korea but the third was assembled by PT PAL in Surabaya and went into service in 2019. Involving an Indonesian shipyard in co-production was a big selling point for the deal.

Indonesia was reportedly unhappy with the South Korean subs, and plans to procure three more were scrapped. The Indonesian government, however, never gave up on its ambitions and clearly wanted to continue the submarine program in some form. A big priority was to acquire more domestic production capabilities through transfers of technology, and infrastructure for the production of submarines was built at PT PAL’s shipyard in Surabaya.

See also  Darktrace hires EY to review financial processes after short seller report

It has been pretty obvious that this Scorpene deal was in the works, as Naval Group already has a well-established footprint in the region and is frequently willing to give customers what they really want, which is production. In the early 2000s, Naval Group delivered a pair of Scorpene submarines to the Malaysian navy, which are currently in operation. In 2005, India purchased six Scorpenes for $3 billion. The submarines were produced by an Indian shipyard in Mumbai under a technology transfer deal. Naval Group did a similar deal with Brazil, except that one also involves development of a nuclear submarine. The third submarine produced under this arrangement was launched last month.

It was this willingness by Naval Group (and French defense contractors generally) to share technology and production that made this an appealing deal for Indonesia. Both Scorpene subs will be produced by PT PAL in Surabaya, where the state-owned shipbuilder is also currently building a pair of Arrowhead 140 frigates under license from the U.K.’s Babcock. If everything goes as planned this would represent a significant increase in production capabilities for PT PAL by the end of the decade.

But there are risks. The major one is that Indonesia’s Scorpenes plan to use a lithium ion battery system, which will allow the subs to operate submerged for longer periods. But lithium ion batteries in submarines are relatively new. As far as I know, Naval Group has never done this before with a Scorpene which means Indonesia will more or less be the test case for the new battery system. There is a good chance the program will be more costly and complicated than initially envisioned as they work out the kinks in the production process and with the batteries.

See also  Pakistan Pursues Oil Deal With Russia

Clearly, this is a risk the Indonesian government is willing to take. This is especially true because Indonesia is really into batteries these days, attempting to position itself as a global battery production hub for clean energy supply chains. Localizing production of the two Scorpene subs in Surabaya while co-developing the lithium ion battery technology is something that fits Indonesia’s strategic and military requirements, as well as its economic development goals.

On the other hand, it’s important not to downplay the risk. In 2011, Malaysia started building six littoral combat ships in a local shipyard under license from Naval Group. To date, not a single ship has been delivered and the state-owned firm building the ships has basically gone bankrupt causing a bunch of collateral damage in the process. For Indonesia and PT PAL, there is a lot to be gained if the Scorpene program goes according to plan but also a lot to lose if it goes the way of the Malaysian LCS program.

Deal explained France Indonesias Scorpene Submarine
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

February 18, 2026

Netflix Gobbles Up Warner Bros. In Over $80,000,000,000 Deal

December 5, 2025

Trump Admin Slashes Major Tariff After Trade Deal Breakthrough

November 14, 2025

Is China Already Stabbing Trump In Back On Recent Trade Deal?

November 13, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Mel Gibson ditched as grand marshal for huge Mardi Gras parade in New Orleans after ‘significant feedback’ that included ‘threats,’ officials say

February 13, 2023

Trump Is Grifting Off His Own Arrest By Selling Fake Mugshot Merch

April 5, 2023

‘Abortion queen’ wants patients to pay something for the procedure

October 12, 2023

Kevin Spacey Gets Standing Ovation During Oxford Lecture on Cancel Culture

October 18, 2023
Don't Miss

What To Expect When Quitting Alcohol

Lifestyle March 6, 2026

Quitting alcohol may not be the hardest thing a person does, but it will not…

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026

Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

March 3, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,307)
  • Entertainment (4,220)
  • Finance (3,203)
  • Health (1,938)
  • Lifestyle (1,840)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

NBA Suspends Josh Primo Four Games for Exposing Himself to Former Therapist

September 30, 2023

‘Indiana Jones’ Stunt Performer Lights Himself on Fire in Support of Hollywood Strike

July 27, 2023

Chinese Regime Study Suggests Building Second Capital in Uyghur Region to Erase Identity

May 9, 2023
Popular Posts

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.