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Friday, 10 June 2022

Aussie PM: Australia to Pay French Naval Group Over $580 Million for AUKUS Sub Deal Fallout

It was announced in September 2021 that the first major initiative of the Australia-UK-US (AUKUS) security alliance would be the delivery of Australia's first nuclear-powered submarine fleet. The trilateral group's decision to construct in Adelaide notably torpedoed a previous $90 billion submarine agreement with a French defense contractor.

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