$3 billion deal with UK gets Australia closer to having a fleet of nuclear-powered submarines

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SYDNEY (AP) — Australia is set to provide 4.6 billion Australian dollars ($3 billion) to British industry to support the construction of nuclear-powered...

SYDNEY — Australia is set to provide 4.6 billion Australian dollars to British industry to support the construction of nuclear-powered submarines and ensure its new fleet arrives on time, the two countries said Friday.U.K. Defense Minister Grant Shapps said the submarine program was expensive but necessary.

The Virginia-class submarines will be primarily from a U.K. design and will have a U.S. weapons system onboard. “This is not a normal procurement, we are not going off to a shop to buy an item,” Marles said to ABC Radio.

 

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