The Government is pleased to announce the STS Young Endeavour replacement project is progressing and will be due for consideration by Cabinet later this year.
Minister for Defence, the Hon Christopher Pyne MP said the program is recognised internationally as a leading youth development program, with more than 500 young Australians taking part every year.
"More than 13,600 young Australians have participated in the scheme since January 1988," Minister Pyne said.
"After 31 years of dedicated service the Young Endeavour is now approaching the end of her operational life and this project will deliver a new vessel by late 2023.
"The search for a new design is progressing and once selected, the new vessel will be built in Australia", Minister Pyne said.
