Australia invests €6.7 billion to upgrade submarine fleet

Australia has cancelled its order for twelve Shortfin Barracuda submarines and is launching a modernization program for its existing fleet.

Published 25sem1 sourceNotableupdated 10sem
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The fact

The €6.7 billion investment aims to maintain current submarine capabilities amid rising regional tensions.

This decision comes as part of Australia's broader Indo-Pacific defense strategy overhaul.

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