PRINCIPIA ENGINEERING AUSTRALIA PTY. LTD. was incorporated a few months ago in Adelaide(State of South Australia) in order to participate to the booming shipbuilding market expected in the State in the coming years and decades.
The Australian Government has initiated a modernization of its naval forces. New naval ships and submarines will be built in South Australia, including 9 frigates and 12 submarines (the latter in cooperation with Naval Group). Existing Australian submarines will also be refitted near Adelaide.
PRINCIPIA ENGINEERING AUSTRALIA PTY. LTD. expects to start its activity in the next few months by participating to the training of the numerous engineers which will be required, by participating to R&D projects and by offering expertise and engineering services to shipbuilders.