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Work begins on subs program after historic AUKUS deal
Story by Jacob Shteyman • 15h 23-3-2024
Australia's nuclear submarine dream is a step closer to becoming reality after the government announced partner companies to build and sustain the country's AUKUS fleet.
Defence Minister Richard Marles announced the deal alongside his UK counterpart Grant Shapps as the pair convened for the annual AUKMIN meeting in Adelaide on Friday.
As part of the submarine construction process, Australia will hand $4.6 billion to the British shipbuilding industry to boost capacity at the Rolls-Royce factory in Derby and bankroll the design costs of the boats that Australia will build.
The ministers made clear the AUKUS investment is partially intended to combat the threat from China.
© Matt T
Work begins on subs program after historic AUKUS deal
Story by Jacob Shteyman • 15h 23-3-2024
Australia's nuclear submarine dream is a step closer to becoming reality after the government announced partner companies to build and sustain the country's AUKUS fleet.
Defence Minister Richard Marles announced the deal alongside his UK counterpart Grant Shapps as the pair convened for the annual AUKMIN meeting in Adelaide on Friday.
As part of the submarine construction process, Australia will hand $4.6 billion to the British shipbuilding industry to boost capacity at the Rolls-Royce factory in Derby and bankroll the design costs of the boats that Australia will build.
The ministers made clear the AUKUS investment is partially intended to combat the threat from China.
© Matt T
1 yr. ago
