# ASC and Jeumont Electric sign agreement to pursue Australian submarine program opportunities

ASC and Jeumont Electric signed a Heads of Agreement to establish a steering committee to identify joint business opportunities across Australia's Collins Class and Attack Class submarine programs, as well as the marine generator and rotating electrical machinery market.

- Type: Partnership
- Announced: 2019-10-14
- Where: Australia, Australia
- Status: announced
- Products: submarine propulsion systems, power generation systems, marine generators, rotating electrical machinery
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Jeumont Electric](https://endata.com/companies/11420.md) (partner)
- [ASC](https://endata.com/companies/13367.md) (partner)

## Sources

- [australianmanufacturing.com.au](https://www.australianmanufacturing.com.au/asc-and-jeumont-electric-join-forces-to-identify-business-opportunities-across-australias-naval-shipbuilding-programs/), 2019-10-14: "This Heads of Agreement with Jeumont Electric will help to meet the future demands of both the Collins Class and Attack Class future submarine programs and identify diversification opportunities for both companies."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
