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.

greek film festival 2025

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Final farewell at Stanmore as Cyprus Community of NSW prepares to relocate

The Cyprus Community of NSW’s club, located at Stanmore for over four decades, is set to relocate, with an “End of an Era” party being held.

Kindred souls: West African blues meet Greek rebetiko

Stani Goma and Con Kalamaras are working on a project to bring West African and Greek roots music together.

What the 2025 Armenia-Azerbaijan peace deal and recognition of Palestine mean for Cyprus

In an age where peace deals are brokered in weeks, Dean Kalimniou reflects on what this means for the unresolved Cyprus question.

Cyprus: Historical and political responsibilities of a national tragedy (Part 4)

The rejection by referendum on 24 April 2004 of the settlement plan of the UN by the Greek Cypriots had negatively influenced the international...

Vamvakou: A mountain village reborn in Greece’s Laconia

The mountain village of Vamvakou in Laconia has transformed into a vibrant community blending tradition and innovation.

You May Also Like

Julian Assange pleads guilty to espionage ahead of return to Australia

Julian Assange pleaded guilty to a single count of conspiracy to obtain and disseminate US national defence information.

Santorini volcano erupts more often when sea level falls, study reveals

A study on Santorini has revealed when the sea level falls more than 40 metres below the present-day level, a volcanic eruption is triggered.

Iran-backed attack plan targeting Israelis in Cyprus thwarted

Israeli Foreign Minister Gideon Sa’ar announced Saturday that a planned Iranian-backed attack on Israeli citizens in Cyprus was thwarted.