Multi-billion investment in new Submarine Construction Yard
The Australian Government has pledged $3.9 billion towards delivery of the new Submarine Construction Yard in Osborne. Home of construction of Australia’s future SSN-AUKUS conventionally armed, nuclear-powered submarine fleet, projections show an estimated investment of $30 billion will be required over coming decades to build the yard, which will continue until the 2040s. This projected investment is comprised of: Area 1 - approximately $5 billion for fabrication Area 2 - approximately $8 billion for outfitting Area 3 - more than $15 billion for consolidation, testing, launching and commissioning. This is in addition to works that are already underway, including enabling ...








