AUKUS shipyards in Adelaide to receive $4.6 billion funding lift
The Australian government has announced a $4.6 billion funding boost for the Osborne shipyards in Adelaide to support the construction of AUKUS nuclear-powered submarines. This expansion will create a facility ten times larger than the current site, which is currently building Hunter-class frigates.
Why it matters
This investment represents a significant escalation in Australia's defense capabilities and industrial capacity under the AUKUS security pact.
Defence Minister Richard Marles says the funding is crucial to build, operate and sustain Australia's future submarine fleet. ( ABC News: Matt Roberts )
Adelaide's Osborne shipyards will see an injection of $4.6 billion as it prepares to build new AUKUS nuclear-powered submarines.
The new shipyards will be 10 times the size of the existing Osborne shipyards, building the navy's Hunter frigates.
The announcement comes on the sidelines of Labor's national conference in Adelaide, which is likely to avoid debate over AUKUS.
Link copied Share Share article The shipyards that will construct Australia's fleet of AUKUS nuclear-powered submarines have been handed a $4.6 billion funding boost.
The additional investment will help further develop the new Submarine Construction Yard at Adelaide's Osborne shipyards.
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