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Australia unveils initial US$2.8 billion for new nuclear subs facility

Australia unveils initial US$2.8 billion for new nuclear subs facility

SYDNEY, Feb 15, 2026 (Net) – Australia unveiled AU$3.9 billion (US$2.8 billion) in spending on Sunday as a “down payment” on a new facility to build nuclear submarines under the tripartite AUKUS security pact with Britain and the United States. The AUKUS pact aims to arm Australia with a fleet of cutting-edge submarines from the [...]

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