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The Economic Times

National / The Economic Times

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Australia unveils initial $2.8 billion for new N-subs facility

Australia has announced a significant investment of AU$3.9 billion for nuclear-powered submarines. This funding is part of the AUKUS security pact with Britain and the United States. The new submarines, designed in the US, will bolster Australia's defence capabilities in the Indo-Pacific region.

15 Feb 2026 11:36 pm