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US congress research warns of risk of cost blowouts for Australia in Aukus submarine program

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Report also cast doubt on whether any rigorous cost-benefit analysis was done before the 2021 announcement

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The Australian government’s view that the Aukus nuclear-powered submarine project is “too big to fail” could heighten the risk of cost blowouts, a US congress research report has warned.

The Congressional Research Service also cast doubt on whether any rigorous cost-benefit analysis was done prior to the project’s announcement by Australia, the US and the UK in 2021.

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