Babcock, Huntington Ingalls Industries sign deal to support nuclear submarine maintenance in Perth under first major AUKUS deal.
Two defence giants that play key roles for the US and British navies are teaming up to supportin the first blockbuster AUKUS commercial deal.
The joint venture, which is yet to be named, is also likely to sustain the Virginia-class submarines the Australian navy will receive from the US in the 2030s, and the British-designed, Adelaide-built AUKUS-class submarines, which are meant to enter service in the early 2040s. “I can say from personal experience, which has often been bitter being a nuclear submariner myself, build is hard but support is harder. We need to get after the support thing as fast if not faster than we are getting after the build conversation, otherwise it is going to be a real challenge to have a nuclear submarine capability in Australia.”
But Vice Admiral Mead said the $3 billion the Albanese government has pledged to spend on the US submarine industrial base was designed to get Virginia-class submarines out of US maintenance yards quicker, potentially build new submarines and order long-lead items.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Supermarket's cheeky play to shame companies out of shrinkflationThe supermarket said it was aiming to shame suppliers into reducing their prices.
Read more »
Carrefour puts ‘shrinkflation’ price warnings on food to shame brandsFrench supermarket chain labels products that have shrunk in size but cost more before contract talks with suppliers
Read more »
SA Premier heads to China in hopes of easing tariffs on wine and lobsterSouth Australia Premier Peter Malinauskas is set to travel to China on Thursday ahead of Prime Minister Anthony Albanese’s highly anticipated trip later this year. It will be Mr Malinauskas’s first trip to China and four years since any South Australia premier has travelled to the country. The Premier hopes to appeal the trade tariffs China has placed on wine and lobster. “If you look at the putative of tariffs that China has had on Australian exports, they’ve disproportionately hurt industries that are big in South Australia.,” the Premier said. Mr Malinauskas said the focus of this trip will be its trade talks but he will not shy away from discussions around detained Australian Cheng Lei and the role South Australia will play in AUKUS.
Read more »
All the reasons interest rates are a bad way to manage the economyWe should start the move away from monetary policy.
Read more »
Industry ready to build now housing bill has passedShovel-ready projects can soon get under way and super funds will start considering investment opportunities.
Read more »
Donaldson set to start at No.15 against Fiji, Uruguay push FranceAfter a man-of-the-match performance against Georgia, Ben Donaldson is set to retain his spot at fullback for the Wallabies’ second hitout in France.
Read more »