At least eight nuclear-powered submarines will be built at the Adelaide shipyards in southern Australia, Morrison explained.

It is noted that the construction of new submarines will exceed $ 65.9 billion.

"Australia's defense spending has already increased to 2% of GDP, but our investments ... will only grow," the prime minister told TASS.

According to him, the country will also gain access to American missile technology, which will help to quickly create a "national military industry."

“We will receive a range of American-made missiles, including the Tomahawk cruise missiles, to equip Australian destroyers,” Morrison added.

Earlier it became known that the United States, Great Britain and Australia agreed on a partnership in the field of defense and security.