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The government also announced that a joint venture of the Australian-owned submarine builder ASC Pty Ltd and British defence giant BAE Systems would be created to build the submarines. Mr Marles defended the decision to subsidise UK industry. "Obviously, the production rate of that facility needs to increase in terms of making nuclear reactors. In that context, it is completely appropriate we are making a contribution to that," he said Senator Wong and Lord Cameron pushed back against criticism that Australia should not acquire nuclear-powered submarines and was incapable of building them in Adelaide. "Australia is one of the most…
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