SYDNEY, Feb 15 (Reuters) - Australia said on Sunday it would spend A$3.9 billion ($2.76 billion) to progress construction of ...

Australia has announced the initial funding to build a new submarine construction yard in Osborne under the AUKUS security pact.Australia on Sunday earmarked AU $3.9 billion for the construction of a ...

"South Australia is at the centre of one of the most significant defence undertakings in our history," Premier of South Australia Peter Malinauskas said in a press release.

The South Australian and federal government release plans for the shipyard in Adelaide that will build at least eight nuclear-powered submarines under the AUKUS pact with the US and the UK.

Labor has announced a $30 billion investment to build a nuclear-powered submarine construction yard in South Australia.

In the interim, the U.S. has agreed to sell at least three Virginia-class submarines to Australia beginning in the 2030s as the later nation builds experience operating and maintaining its own nuclear ...

SYDNEY - Australia said on Sunday (Feb 15) it would spend A$3.9 billion (S$3.5 billion) to progress construction of a shipyard that will help deliver nuclear-powered submarines under the trilateral ...

Australian Prime Minister Anthony Albanese described the $2.76 billion as a down payment to deliver the new shipyard in ...

Australia today unveiled $2. 8 billion in spending as a down payment on a new facility to build nuclear submarines ...

Australia unveiled A$3.9 billion ($4.5b) in spending today as a “down payment” on a new facility to build nuclear submarines ...

The new facility, part of the Aukus pact, aims to deliver US submarines and foster cooperation on advanced warfare technologies.