US EditionAustralia to spend $2.8 billion on new facility to build nuclear subs under AUKUS: PM Anthony Albanese
The $3.9 billion initial investment will create up to 10,000 jobs and support construction of eight nuclear-powered submarines under the AUKUS pact.
- On Feb 15, 2026, Prime Minister Anthony Albanese announced a A$3.9 billion down payment to progress construction of an Osborne shipyard for AUKUS submarines.
- The AUKUS pact aims to arm Australia with nuclear-powered submarines and broaden defence technology cooperation, with official projections estimating A$30 billion spent on the facility over coming decades.
- Australian Naval Infrastructure says the project will create almost 10,000 jobs and include a 420 metre fabrication hall using steel for 17 Eiffel Towers and 710,000 cubic metres of concrete.
- South Australian Premier Peter Malinauskas said the down payment will fund enabling infrastructure at Osborne, while US-commanded Virginia-class submarines will be based in Australia from 2027.
- AUKUS aims to deter China's influence in the Indo-Pacific and faced Pentagon reviews and months of doubt before receiving later endorsement from US officials.
62 Articles
62 Articles
To modernise its submarine fleet, Australia's Prime Minister Albanese has announced a first instalment of more than two billion euros for the construction of a new shipyard.
Australia is unlocking its first investments in its new nuclear submarine project, as part of a pact called the Aukus alliance.
Australia pledges $2.7b to progress nuclear submarine shipyard build
Australia said on Sunday it would spend AUD3.9 billion to progress construction of a shipyard that will help deliver nuclear-powered submarines under the trilateral AUKUS defence pact with the US and Britain. Announced in 2021, AUKUS is Australia's largest-ever defence investment and will see US-commanded Virginia-class submarines based in Australia from 2027, several Virginia submarines sold to Australia from around 2030, and Britain and Austra…
Coverage Details
Bias Distribution
- 34% of the sources are Center, 34% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
