Australia makes $500 mln AUKUS payment ahead of US defence secretary meeting

  • Posted on February 7, 2025
  • By Business News Today
  • 3 Views
Australia makes $500 mln AUKUS payment ahead of US defence secretary meeting

Australia has made an initial payment of $500 million to the U.S. under the AUKUS nuclear submarine pact, indicating its commitment as a security partner. Australian Defence Minister Richard Marles emphasized the investment helps enhance the U.S. submarine industrial base, facilitating the transfer of Virginia-class submarines.
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