Pentagon looks to allay AUKUS submarine fears

News Snapshot:

“With an investment of $US3.9 billion in FY25 and then $US11.1 billion across the fit-up for the submarine industrial base, and with a $US3.3 billion FY24 supplemental request, the Navy expects to achieve Virginia class submarine construction performance of two per year by FY28,” Admiral Reynolds said. “Our estimate is that 2028 with these investments and with the acceleration that’s still pending before Congress of that $3.3 billion, we expect to be at the 2.0 cadence that we need. “It’s one in one year, and we have a plan to procure two in the out years. We’re being very transparent...