
The fiscal 2024 defense authorization bill approves three Virginia-class submarines for Australia under the AUKUS partnership, as the U.S. Navy readies for a $3 billion infusion from Australis into the U.S. submarine industrial base. "Effective beginning on the date that is one year after the date of the enactment of this act, the president is authorized to transfer up to two Virginia-class submarines from the inventory of the Department of the Navy to the Government of Australia on a sale…