Defence Yet to Calculate Savings From Switch to 2nd-Hand AUKUS Submarines
On the weekend it was revealed Australia would now receive 2nd-hand Virginia-class submarines from the US.
TL;DR
- Defence officials have not calculated expected savings from buying used AUKUS submarines.
- Australia will now acquire used Virginia-class submarines from the United States.
- The AUKUS submarine program was originally slated to cost $368 billion.
- Pillar 1 involves buying eight nuclear-powered, conventionally armed submarines.
- Projected Australian federal spending on AUKUS from 2026-2036 is $71 billion to $96 billion.