Australia buys US nuclear subs due to changed security needs
ABC News
Australian Prime Minister Scott Morrison says his government decided to invest in U.S. nuclear-powered submarines and dump its contract with France to build diesel-electric submarines because of a changed strategic environment
CANBERRA, Australia -- Australia decided to invest in U.S. nuclear-powered submarines and dump its contract with France to build diesel-electric submarines because of a changed strategic environment, Prime Minister Scott Morrison said on Thursday.
President Joe Biden on Wednesday had announced a new U.S. security alliance with Australia and Britain that would develop an Australian nuclear-powered submarine fleet.
As a result, Australia notified France that that it would end its contract with state majority-owned DCNS to build 12 of the world’s largest conventional submarines. Australia has spent 2.4 billion Australian dollars ($1.8 billion) on the project since the French won the contract in 2016.
Morrison said U.S. nuclear submarine technology wasn’t an option open to Australia when the AU$56 billion ($43 billion) deal was struck in 2016. The United States had until now only shared the technology with Britain.