Deputy Prime Minister Richard Marles has announced an $11 billion investment to extend the operational life of Australia's aging Collins-class submarines. The funding aims to keep the fleet viable until the arrival of new nuclear-powered submarines under the AUKUS pact.
Details of the Investment
The $11 billion package will cover maintenance, upgrades, and sustainment of the six Collins-class submarines, which have been in service since the 1990s. The investment is part of a broader strategy to bridge the gap between the retirement of the Collins class and the introduction of the future submarine fleet.
Key Components
- Life Extension Program: The submarines will undergo extensive refits to extend their service lives beyond initial expectations.
- Technology Upgrades: Modernisation of combat systems, sonar, and communications to maintain relevance in modern warfare.
- Workforce Expansion: Increased training and recruitment for naval personnel and defence industry workers.
Strategic Importance
Marles emphasised the critical role of the Collins-class submarines in Australia's defence posture. 'These submarines are essential for our national security,' he said. 'This investment ensures we maintain a capable undersea deterrent while we transition to a nuclear-powered fleet.'
Industry and Economic Impact
The investment is expected to create thousands of jobs in South Australia and Western Australia, where the submarines are based and maintained. Local defence contractors will benefit from sustained work packages over the next decade.
Future Plans
The Collins-class life extension is part of a $270 billion defence investment over the next decade. Australia is also progressing with the AUKUS agreement to acquire nuclear-powered submarines, with the first boats expected in the 2030s.
Opposition defence spokesman Andrew Hastie welcomed the funding but called for greater transparency on timelines and costs. 'We need to ensure this money is spent efficiently and that our submariners have the best possible equipment,' he said.
