Perth manufacturer VEEM lands $800,000 in US submarine orders under AUKUS as parts shortages hit shipyards

Detailed summary

An $800,000 order has put Perth manufacturer VEEM into the US nuclear-submarine supply chain under AUKUS, as American shipyards battle parts shortages and struggle to lift output for Australia’s future fleet.

Perth manufacturer VEEM has landed $800,000 in US nuclear-submarine orders under AUKUS as parts shortages hold up American shipyards struggling to build enough vessels for their own navy and Australia. The Canning Vale company, which employs about 200 people, will supply specialist metal castings to US defence giant HII’s Newport News shipyard in Virginia, one of two yards building Virginia-class submarines. VEEM is the first of 20 companies qualified through Australia’s submarine supplier program to win Virginia-class production orders from HII.

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