replace three to five Virginia-class boats that are to be sold to Australia under the AUKUS submarine (Pillar 1) project (see below), and reduce the accumulated Virginia-class production backlog.

The readout also said that Hegseth welcomed Australia’s $500 million contribution under AUKUS to the U.S. submarine industrial base as a key element of advancing defense industrial collaboration ...

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HII (HII) closed on its acquisition of an advanced manufacturing ... at Newport News Shipbuilding in support of the Navy and AUKUS.” HII announced last month its intent to acquire the facility ...

The AUKUS agreement has reached another early milestone in the days before the second inauguration of incoming US president Donald Trump. This comes after the AUKUS Naval Nuclear Propulsion ...

At a meeting with his Australian counterpart Richard Marles in Washington last Friday, US Defence Secretary Pete Hegseth said: “The president is very aware, supportive of Aukus, recognises the ...

GOOSE CREEK, S.C., Jan. 27, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today it has closed on its acquisition of an ... in support of the Navy and AUKUS.” HII announced last month ...

U.S. Defense Secretary Pete Hegseth said President Donald Trump supported the AUKUS nuclear submarine deal, after Australia on Friday confirmed its first $500 million payment under the defense pact.

SYDNEY (Reuters) - U.S. Defense Secretary Pete Hegseth said President Donald Trump supported the AUKUS nuclear submarine deal, after Australia on Friday confirmed its first $500 million payment ...

U.S. Defense Secretary Pete Hegseth said President Donald Trump supported the AUKUS nuclear submarine deal, after Australia on Friday confirmed its first $500 million payment under the defense pact.