Australia Reviews Plan to Double Submarine Fleet

Australia will review plans to double its fleet of submarines, with the new conservative government under pressure to rein in its budget even as Asian neighbors dramatically ramp up military spending.

Defense Minister David Johnston said he was unconvinced that Australia needed as many as 12 new conventional submarines currently foreseen by military planners. It comes as regional neighbors, led by China, build up their naval and air arsenals amid disputes over territorial waters, especially in North Asia.

At a cost of up to 36 billion Australian dollars (US$32.28 billion), doubling the submarine fleet would be the country's largest single military purchase.

Read more