AUKUS Deal for Sale of Nuclear-Powered Submarines

SOURCE www.nbcnews.com
Australia remains confident in the AUKUS deal for the sale of nuclear-powered submarines by the United States despite concerns about potential delays or cancellations due to U.S. funding cuts for the Virginia class submarines.

Key Points

  • Australia to purchase between three and five Virginia-class attack submarines from the U.S. as part of AUKUS deal
  • Concerns about potential delays or cancellations due to U.S. funding cuts for submarine program
  • U.S. Navy facing challenges in meeting submarine production targets

Pros

  • Australia confident in AUKUS deal
  • U.S. making progress in upgrading shipyards for submarine production

Cons

  • Long-standing backlogs at U.S. shipyards and shrinking submarine fleet causing concerns
  • U.S. funding cuts for Virginia class submarines