SYDNEY, Feb 15 (Reuters) - Australia said on Sunday it would spend A$3.9 billion ($2.76 billion) to progress construction of a shipyard that will help deliver nuclear-powered submarines under the ...

In the interim, the U.S. has agreed to sell at least three Virginia-class submarines to Australia beginning in the 2030s as the later nation builds experience operating and maintaining its own nuclear ...

"South Australia is at the centre of one of the most significant defence undertakings in our history," Premier of South Australia Peter Malinauskas said in a press release.

The Osborne yard will have fabrication, outfitting, and consolidation areas, plus facilities for testing, launching and commissioning.

Australia has announced the initial funding to build a new submarine construction yard in Osborne under the AUKUS security pact.