Report also cast doubt on whether any rigorous cost-benefit analysis was done before the 2021 announcementFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Australian government’s view that the Aukus nuclear-powered submarine project is “too big to fail” could heighten the risk of cost blowouts, a US congress research report has warned.The Congressional Research Service also cast doubt on whether any rigorous cost-benefit analysis was done prior to the project’s announcement by Australia, the US and the UK in 2021.Sign up for Guardian Australia’s breaking news email Continue reading…
Source link : https://www.theguardian.com/world/2024/oct/18/aukus-submarine-deal-us-australia-cost-blowouts
Author : Daniel Hurst Foreign affairs and defence correspondent
Publish date : 2024-10-18 03:03:40
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US congress research warns of risk of cost blowouts for Australia in Aukus submarine program
