Australia snubbed in $7.6 billion AUKUS submarine deal

News Snapshot:

A $7.6 billion contract has been awarded to British military manufacturers to design and develop a new nuclear-powered hunter-killer submarine as part of the AUKUS (Australia-United Kingdom-United States) pact with Australia. The UK Ministry of Defense (MoD) has signed a deal for a detailed design study to examine the potential future threats and requirements the submarine will face and what technology will be needed to address these. “This multi-billion-pound investment in the AUKUS submarine program will help deliver the long-term hunter-killer submarine capabilities the UK needs to maintain our strategic advantage and secure our leading place in a contested global...