Australia's AUKUS nuclear submarines fleet may cost over USD 121 bn: Report
24 Jan 2025
CANBERRA: The new nuclear submarine fleet under the AUKUS partnership is expected to cost Australia as much as 171 billion Australian dollars (USD 121.7 billion) and will not be deployed for at least two decades, according to a report from the Australian Strategic Policy Institute (ASPI).
“Since the longer schedule of a continuous build would give the out-turning more time to take effect, the out-turned cost would be between USD 153 billion and USD 171 billion,” the report said. At the same time, the think tank expects the initial cost of the project to be at least 70 billion Austr...
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