China New Zealand: Stay out of AUKUS
Chinese ambassador to New Zealand Wang Xiaolong said that if New Zealand were to join security grouping AUKUS it would "inevitably" have negative consequences for the country's relationship with China.In a wide-ranging interview with state-owned Radio New Zealand released on Wednesday, Wang said that when deciding whether to join the grouping, China hoped that New Zealand would "take into account its own long-term best interests, the potential implications for regional security…
Australia Conducts First Maintenance of US Nuclear Submarine
A U.S. nuclear-powered submarine will undergo maintenance in Australia for the first time on Friday, a key step by AUKUS partners to deter aggression in the Indo-Pacific, the defense ministers of Australia, Britain and the United States said.Australian personnel trained with the United States and Britain over the past year ahead of the submarine maintenance at HMAS Stirling in Western Australia, involving personnel from the three nations."Our navies are committed to reinforcing…
AUKUS Sub Contract Props Up Australian Steelmaker Shares
Australian steelmaker Bisalloy shares have risen some 40% since December 2023, powered by defence deals signed as part of the AUKUS nuclear submarine deal between Australia, Britain and the United States.Defence contractors large and small are looking at the $237 billion plan to build Australia a fleet of nuclear-powered submarines as a decades-long source of work. Australia will build the vessels to a British design with U.S. technology.Bisalloy said earlier this month it had signed a deal to sell a shipment of steel to part of U.S. shipbuilder Huntington Ingalls Industries, maker of the U.S.
