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Australia to spend $8 billion on nuclear sub shipyard

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Australia is investing AU$12 billion to upgrade the Henderson shipyard into a maintenance hub for its future nuclear-powered submarines under the AUKUS agreement with the UK and the US. This investment, spanning a decade, will bolster Australia's strategic capabilities in the Indo-Pacific region and support around 10,000 local jobs.

from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India https://ift.tt/l60pqoc

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