Australia unveils initial $2.8 billion for new N-subs facility
Published on: Feb. 15, 2026, 11:36 p.m. | Source: The Economic Times
Australia has announced a significant investment of AU$3.9 billion for nuclear-powered submarines. This funding is part of the AUKUS security pact with Britain and the United States. The new submarines, designed in the US, will bolster Australia's defence capabilities in the Indo-Pacific region.
