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Australia Announces Fresh $3.2b for Nuclear Subs
The investment will expand Osborne’s submarine yard with a 420-meter fabrication hall and support work for five AUKUS boats, officials said.
- On Friday, the Australian government announced a $4.6 billion funding boost for the Submarine Construction Yard at Adelaide's Osborne shipyards to support AUKUS submarine construction.
- The announcement coincides with the ALP's 50th National Conference in Adelaide, which appears set to avoid public debate over the AUKUS pact despite past controversy.
- This funding brings total investment at Osborne to $8.5 billion, supporting a new 420-metre-long fabrication hall expected to be 10 times the size of the existing precinct.
- Deputy Prime Minister Richard Marles said, "This investment is another important step in building the sovereign capability Australia will need to build, operate, maintain and sustain our future submarine fleet," with 1,100 people currently employed on site.
- While Henderson shipyards received $12 billion last year, former Labor minister Peter Garrett is leading a "public inquiry" into the pact as Australia prepares to operate Virginia-class submarines from the 2030s.
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Australia to Spend Another $3.2 Billion to Set Up Aukus Shipyard
Australia intends to plow more funding into a government-run shipyard in preparation for building nuclear-powered submarines, as the nation moves to upgrade its navy and expand domestic shipbuilding capacity.
·New York, United States
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Coverage Details
Total News Sources19
Leaning Left5Leaning Right4Center4Last UpdatedBias Distribution38% Left
Bias Distribution
- 38% of the sources lean Left
38% Left
L 38%
C 31%
R 31%
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