US congress research warns of risk of cost blowouts for Australia in Aukus submarine program | Aukus
Written by Black Hot Fire Network on October 18, 2024
The 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.