Tuesday, January 3, 2012

How Much does a Scorpene Submarine Cost?



In 2003 the Spanish government ordered 4 Scorpène-AIP submarines for €1.76 billion, roughly 440 million Euros each 
(source: http://www.deagel.com/Conventional-Attack-Submarines/Scorpene-Basic-AIP_a000425003.aspx).

In 2005, India purchased six Scorpènes for US$ 3 billion (US$500m per boat). These submarines are to be manufactured under a technology transfer agreement by the state-owned Mazgoan Docks in Mumbai and delivered between 2010 and 2015 
(source: http://www.rediff.com/news/2005/sep/12def.htm).

Malaysia spent €1.084 billion to purchase 2 Scorpène submarines. 
(source: written reply in Parliament by Ministry of Defence to MP Tian Chua on 22 June 2010).

The Spanish spent EUR440 million per sub; the Indians, EUR385 million per sub but we Malaysians paid EUR542 million for each of our previously unsinkable submarines!

Why did we pay much more than the other two countries? Is that why the French prosecutors are investigating the deal?  

Malaysia boleh I guess …

Image courtesy of Mak Hon Keong.

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