Australia earmarks billions for naval infrastructure as BAE wins AUKUS submarine work


  • World
  • Thursday, 21 Mar 2024

FILE PHOTO U.S. President Joe Biden Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak deliver remarks on the Australia - United Kingdom - U.S. AUKUS partnership after a trilateral meeting at Naval Base Point Loma in San Diego California U.S. March 13 2023. REUTERSLeah MillisFile Photo

FILE PHOTO: U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak deliver remarks on the Australia - United Kingdom - U.S. (AUKUS) partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego, California U.S. March 13, 2023. REUTERS/Leah Millis/File Photo

SYDNEY (Reuters) - Australia said Thursday it would spend billions on docks, shipyards and factories at home and in Britain for nuclear-powered submarines under the AUKUS security pact, and named Britain's BAE Systems to help build the boats.

The AUKUS agreement among Australia, Britain and the United States will see Australia buy up to five nuclear submarines from Washington in the early 2030s before jointly building and operating a new class, SSN-AUKUS, with Britain, roughly a decade later.

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