Adelaide’s Osborne shipyard is tipped to transform into one of the world’s top defence building precincts on the back of the AUKUS submarines deal.
Based on South Australia’s Lefevre Peninsula, the shipyard is already well known for its innovation and automation technology.
To build the proposed nuclear-powered submarines, under the AUKUS deal, the shipyard will triple in size.
The Federal Government has purchased land north of the existing shipyard, where the vessels will be built.
It is expected about $2billion will be spent on the shipyard in the next four years.
Defence’s AUKUS taskforce head, Vice Admiral Jonathan Mead, says the project will redefine South Australia’s industrial landscape.
The submarine building project is predicted to cost between $268 billion and $368 billion and to create 20,000 direct jobs throughout Australia over 30 years.
It is likely to lead to extra STEM (science, technology, engineering, and math) courses in South Australian universities and the creation of a shipbuilding academy at Osborne.