ABC News & Headlines – Australian Broadcasting Corporation·3 min read·medium
AUKUS shipyards in Adelaide to receive $4.6 billion funding lift
T
Tom Lowrey✦AI Summary
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.
Defence Minister Richard Marles says the funding is crucial to build, operate and sustain Australia's future submarine fleet. ( ABC News: Matt Roberts )
politicsbusinessworld
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in