Australia’s price tag for nuclear submarines could soar by $billions
AFR Andrew Tillett, Political correspondentJul 20, 2022
New US government reports warn that Australia could be saddled with billions of dollars of higher costs to build the most up-to-date nuclear submarines, and have cast fresh doubts on America’s defence industry being able to contribute to a speedy acquisition of boats.
Defence Minister Richard Marles wants to announce a preferred design and acquisition pathway in the first quarter of next year, but the Congressional Research Service said the US Navy’s Virginia class submarine program was suffering from construction delays and a maintenance backlog, curtailing the availability of boats already in service…………………………….. (subscribers only)
more https://www.afr.com/politics/federal/australia-s-price-tag-for-nuclear-submarines-could-soar-by-billions-20220719-p5b2p7
No comments yet.
Leave a Reply