The project has an expected duration of c.50 years,so sovereign risk is a significant issue. 1/
As part of due diligence, Australia asked for signoff from the senior Republican senators, to ensure AUKUS was a bipartisan policy. 2/
As part of due diligence, Australia asked for signoff from the senior Republican senators, to ensure AUKUS was a bipartisan policy. 2/
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The choices are the US, the Quad (Australia, US, Japan, India) or China. 4/
So, without Australia, the US loses a large proportion of it's overhead monitoring 5/
Pity that Donald Trump is completely oblivious to these issues