Three major defence and engineering firms are teaming up to offer their services in building infrastructure for nuclear-powered submarines in Australia. The US Senate has passed AUKUS legislation allowing the sale of three Virginia-class boats to the navy, which will strengthen the military industrial bases of both Australia and America. This move is seen as a strong message to China and will create opportunities for small and medium-sized businesses.
Three of the world’s biggest defence and engineering firms are teaming up offering to build infrastructure to host nuclear-powered submarines in Australia , as the US Senate passed AUKUS legislation permitting the sale of three Virginia-class boats to the navy., which also relaxes defence export controls as well as contains provision for the sale. It will then require Joe Biden’s signature before becoming law.
Defence industry advisers and security experts said the approval would send a strong message to China and strengthen the military industrial bases of both Australia and America. This will, in turn, open opportunities for small and medium-sized businesses on both sides of the Pacific. Passage of the bill comes as the private sector continues to get organised for AUKUS despite the Albanese government holding off making key announcement
Defence Engineering Firms Infrastructure Nuclear Submarines Australia US Senate AUKUS Legislation Virginia-Class Boats Navy Military Industrial Bases China Small Businesses Medium-Sized Businesses
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