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

Australia announced plans to invest billions in docks, shipyards, and factories in Australia and Britain for nuclear-powered submarines under the AUKUS security pact. The agreement with the United States and Britain will see Australia purchase up to five nuclear submarines from Washington in the early 2030s and jointly build and operate a new class, SSN-AUKUS, with Britain about a decade later. Australia will give Britain £2.4 billion ($3.1 billion) toward design work for the submarines and expand a Rolls-Royce plant that builds nuclear reactors.