UK invests $4 billion to fund new phase of nuclear-powered submarine project

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According to government authorities, Britain has signed contracts worth 4 billion pounds ($4.8 billion) to fund a new phase of the SSN-AUKUS next-generation attack submarine project. The accords, which involve British corporations BAE Systems, Rolls-Royce, and Babcock, are part of the AUKUS military alliance formed by the US, Australia, and the UK to fight China in the Asia-Pacific area. “(The) submarines will empower the Royal Navy to maintain our strategic advantage under the sea,” UK Defence Secretary Grant Shapps said at the Conservative Party’s annual conference in Manchester on Sunday. Last March, AUKUS officials announced the collaborative submarine project, which...