Australia’s nuclear submarine plan to cost up to $245 billion by 2055 -defence official

By Lewis Jackson CANBERRA (Reuters) -Australia’s nuclear-powered submarine programme with the United States and Britain will cost up to A$368 billion ($245 billion) over the next three decades, a defence official said on Tuesday, the country’s biggest single defence project in history. U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak on Tuesday unveiled details of a plan to provide Australia with nuclear-powered attack submarines, a major step to counter China’s naval build up in the Indo-Pacific. Albanese said the programme would star…

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