Article: Rudd government criticizes sub builder.

The government is seriously concerned about the company that intends to play a vital role in planning and building Australia's new submarines, a newspaper reports.

ASC, which maintains the existing fleet of six Collins Class submarines that it also built, is performing poorly and badly needs an overhaul, according to a report in the Sydney Morning Herald.

ASC is a wholly government-owned defense company headquartered at Osborne in Adelaide, South Australia. Government plans to sell the business have been delayed because of the current global financial climate.

Criticism in the Herald report over ASC performance has come from unnamed sources in ...

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