Posted: 15th December 2021
Australia’s bid to develop a fleet of nuclear-powered submarines will cost more than US$80 billion and take decades in the “most complex” project the country has ever embarked on, a study released Monday warned. The report from the Australian Strategic Policy Institute - an influential Canberra-based think tank - said ownership of the high-tech subs built with US or British know-how would offer a major advantage in deterring aggression from China or elsewhere. But it will also be a fiendishly difficult task requiring a step-change in Australia’s military and industrial capabilities. It is “probably the largest and most complex endeavour Australia has embarked upon. The challenges, costs and risks will be enormous,” the think tank warned. France24 13th Dec 2021 https://www.france24.com/en/live-news/20211213-australia-warned-bid-for-nuclear-subs-carries-enormous-risks