By Clive Williams*
It’s estimated that Australia’s just-announced nuclear-powered submarine (SSN) program could cost Australians up to $368 billion over the next three decades.
The federal government has confirmed it will buy at least three American Virginia-class nuclear submarines (potentially second-hand) in the early 2030s – subject to Congressional approval. There will also be an option to buy two more Virginias under the AUKUS defence and security pact.
