Australia’s new fleet of nuclear submarines to cost up to $368 billion

·

Australia will build a new fleet of eight AUKUS nuclear-powered submarines in Adelaide, South Australia under a national defence program that will cost up to $368 billion over the next three decades.

This news was revealed today by Australian Prime Minister Anthony Albanese, US President Joe Biden and British Prime Minister Rishi Sunak.

The sweeping plan will begin by hosting more visits to Australian ports by United States submarines this year and United Kingdom vessels from 2026, clearing the way for a fixed rotation of naval power in Perth.

Over time, Australia will aim to build a new fleet of nuclear-powered submarines to a joint design with the United Kingdom so that vessels made in Adelaide can enter service in the 2040s.

In the interim, Australia will buy three US-made Virginia-class subs with an option of two more, with the first arriving in 2033. But the sale still requires congressional approval.

The long-term fleet will consist of eight submarines and will be fitted with vertical launch systems to fire cruise missiles.

20,000 direct jobs will be created in Australia by the AUKUS pathway – with the bulk of the jobs in SA and Western Australia – to build the submarines and new infrastructure.

Mr Albanese, Mr Biden and Mr Sunak said in a joint statement that the AUKUS pathway will elevate the industrial capacity of all three countries and expand their presence in the Indo-Pacific.

“Our nations are committed to further trilateral collaboration that will strengthen our joint capabilities, enhance our information and technology sharing, and integrate our industrial bases and supply chains while strengthening the security regimes of each nation,” the three leaders said.

Source: The Australian and The Sydney Morning Herald.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

European Parliament backs resolution to protect Christian minorities in Syria

The European Parliament has adopted a resolution by overwhelming majority calling for the protection of Christian minorities in Syria.

Konstantinos Argiros delivers emotional first-ever performance in Constantinople

One of Greece’s top pop stars, Konstantinos Argiros, performed in Turkey for the first time on July 10, delivering a sold-out concert.

Survivors pulled from Red Sea two days after Houthi strike on Greek cargo vessel

Four more survivors from the Greek-operated cargo ship Eternity C have been rescued from the Red Sea nearly 48 hours after the vessel sunk.

Migration Minister defends asylum suspension as necessary to protect Greece’s borders

Greece has defended an amendment which would temporarily suspend asylum for individuals arriving illegally by sea from North Africa.

Meet the Greek Australian doctor fighting to save Indigenous children’s lives

Professor John Carapetis, renowned paediatrician and infectious disease expert, hopes to close the health gap for Indigenous children.

You May Also Like

Greece’s PM vows to expedite reforms in first cabinet meeting for 2024

Prime Minister Kyriakos Mitsotakis announced new plans to combat rising supermarket prices and illegal construction on Tuesday during his first cabinet meeting of the...

Greek Australian artistry takes centre stage at Embassy Poetry Night in Athens

A wonderful evening was had a few nights ago soaking in the rap and poetry of Greek Australian performer Luka Lesson. 

Scott Morrison joins Greek community in honouring 200th anniversary of Greek Revolution

Scott Morrison has sent a message of support to the Greek Australian community on the occasion of the bicentenary of the Greek Revolution.