Richard Marles (Corio, Australian Labor Party, Minister for Defence) Share this | Hansard source

I thank the member for his question, and I acknowledge his service. On Friday, along with the US and the UK, the government announced the sovereign submarine partnership, which will see a joint venture established between ASC and BAE to build Australia's future nuclear-powered submarines at the Osborne Naval Shipyard in Adelaide. This will be one of the biggest industrial undertakings in our country's history. At its peak, we will see 4,000 to 5,000 people engaged in the construction of those submarines. It is a unique arrangement which is designed to maximise the presence of ASC and, with it, the voice of the Australian government and, of course, the Australian people in this project. ASC has also been appointed to sustain submarines in Western Australia as part of the Submarine Rotational Force West.

Through to the 2050s it is expected that $30 billion will be spent on uplifting Australia's industrial base to enable this happen. There is also a commitment of 2.4 billion pounds over the next 10 years to expand the Rolls-Royce facility in Derby in the UK, which is where the nuclear reactors will be built for Australia's future submarines. Already there are parts being fabricated there which will find their way on to the very first of those submarines which will be rolling off the production line at Osborne in the early 2040s.

This is a really positive announcement which is demonstrating, once again, that AUKUS is happening and progressing well.

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