Overview
- Foreign Minister Penny Wong and Defence Minister Richard Marles signed the agreement in Sydney alongside UK counterparts David Lammy and John Healey during annual ministerial talks.
- The pact commits both nations to joint development of next-generation nuclear-powered submarines, including workforce training and infrastructure build-out in Australia.
- Officials estimate the treaty will unlock over $40 billion in UK exports across 25 years and sustain tens of thousands of high-skilled jobs in both countries.
- The agreement is strictly bilateral, leaving US involvement under a Pentagon review of AUKUS strategic and industrial commitments.
- The signing coincided with Talisman Sabre exercises in Darwin, where the Royal Navy’s HMS Prince of Wales joined tens of thousands of allied personnel.