Firm linked to Hong Kong buying Australian military shipyard - Australian Defence Magazine
A company with Hong Kong links is acquiring an Australian shipyard that services military vessels, placing sovereign naval sustainment infrastructure under foreign ownership. Shipyards handling Navy and Border Force work carry sensitive access to vessel designs, maintenance schedules and personnel, making ownership a counter-intelligence and supply-chain resilience question rather than a purely commercial one. The case will test Foreign Investment Review Board screening of defence-adjacent assets, an area where the Darwin Port lease remains an unresolved precedent.
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