Australia to Invest $7.4 Billion to Develop a New Pacific Base for its AUKUS Submarines

Under the AUKUS pact announced in September last year, the Royal Australian Navy (RAN) will get at least eight nuclear-powered submarines, which will be developed domestically after the transfer of technology from either the US or the United Kingdom. Canberra has yet to decide which technology it would be using for developing its subs.