British industry to receive nearly $5 billion from Australia to help build nuclear-powered submarines in Adelaide

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Almost $5 billion will go to British industry in the next decade to help design and build key parts of Australia's future nuclear-powered submarine fleet that will be constructed in Adelaide.

Australia will give nearly $5 billion to British industry over the next 10 years as part of the AUKUS submarine building program.

"This is another major step in the delivery of AUKUS, the announcement of the commercial build arrangements for SSN-AUKUS at the Osborne naval shipyard in Adelaide demonstrates that this is moving apace," Mr Marles said. "Countries need to invest in making sure that adversaries see we are serious about our security, defending freedom of navigation for example.", the UK defence secretary acknowledged his country's submarine sector was facing cost blowouts and delays, but played down concerns over their impact on AUKUS.Greens senator and AUKUS critic David Shoebridge said it was clear Australia was helping to prop up a failing UK submarine industry.

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