Rolls-Royce said the UK’s latest defence investment commitments had improved the outlook for its AUKUS-related business, while rising submarine activity supported stronger performance in the first half of 2026.
The decision formally separates their expanded strike role from that of standard Virginia-class fast-attack submarines.
The UK government will invest £8.4 billion in the next phase of the Royal Navy’s Dreadnought-class submarine programme.
Construction of the first submarine, Dreadnought, continues at BAE Systems’ Barrow-in-Furness shipyard. Delivery to the Royal Navy is planned for the early 2030s.
Australia has selected Leidos Gibbs and Cox Australia to lead preliminary design of a contingency dry dock for its future nuclear-powered submarine fleet.
Australian-made submarine-grade steel will be used in U.S. Navy Virginia-class submarines for the first time, marking a new step in AUKUS industrial integration.
The UK Ministry of Defence has awarded Lockheed Martin UK a £20 million contract to develop a hypersonic target for missile-defense testing.
Australia will invest another $4.6 billion in Australian Naval Infrastructure to support the nuclear-powered submarine construction yard at Osborne.
Rolls-Royce Submarines has officially broken ground and started foundational work on a new manufacturing facility at its Raynesway site in Derby.
Australia said Submarine Rotational Force-West has moved another step closer to being established.
The U.S. Navy has reestablished Submarine Squadron 3 to support Submarine Rotational Force-West, a key element of the AUKUS security partnership.
The U.S. Navy has established Naval Support Activity Stirling in Perth, Western Australia, as part of AUKUS.
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