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Australia pours A$12 billion into AUKUS submarine base

By Drooid · · How we work

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Story summary
  • Australia has poured A$12 billion into the Henderson Defence Precinct to support AUKUS submarine construction.
  • Australia allocated A$8 billion to expand HMAS Stirling for hosting US and UK submarines from 2027.
  • Australia committed A$8.5 billion to the Osborne Nuclear-Powered Submarine Construction Yard for building its own subs.
  • Australia contributed US$2 billion (?A$2.8 billion) to the US submarine industrial base in three instalments.
  • Australia committed £2.4 billion (?A$4.6 billion) to expand UK submarine capacity.