Australia boosts funding for nuclear submarinesPublished on: July 24, 2026 8:40 PM
Pakistan, July 24 -- Australia announced an additional US$3.2 billion investment in its nuclear-powered submarine program under the AUKUS defence partnership. The funding aims to strengthen the country's future naval capabilities and advance the long-term project.
The investment, worth A$4.6 billion, will support work at the Osborne shipyard in South Australia. Defence Minister Richard Marles said the funding demonstrates that the AUKUS partnership remains on schedule.
Read more: Australia to buy 11 high-tech warships from Japan
Under the 2021 AUKUS agreement, Australia will receive three nuclear-powered submarines from the United States. Australia and Britain will later jointly develop a new class of submarines expected to enter servi...
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