AUKUS: Australia's Nuclear Subs May Cost $121 Bn, Carry 'Enormous Challenges', Warns Think Tank

Australia, the United States and the United Kingdom announced the trilateral AUKUS pact in September this year. Under AUKUS, Australia will take delivery of advanced nuclear-powered submarines from either the US or the UK. China, the perceived threat AUKUS is meant to thwart, has accused Washington of “inciting” nuclear arms race in the region.