Monday, 18 October 2021

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XXXIX, No 19, 04/10/2021

Australia scraps $70bn deal with Naval Group, plans to build nuclear subs with British and American technology

Australia, Britain, and the United States have announced a historic defence agreement that will see Canberra build nuclear-powered submarines with British and American technology. The pact, AUKUS, freezes out Naval Group’s $70bn deal for 12 Attack-class submarines, Australia’s largest-ever defence contract.

 

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