London, Feb 15, 2026, 13:20 GMT — Market closed BAE Systems’ stock could draw fresh attention in London trading Monday, after Australia pledged A$3.9 billion for construction work at a shipyard tied to the AUKUS submarine deal. “Investing in the submarine construction yard at Osborne is critical to delivering Australia's conventionally-armed, nuclear-powered submarines,” Prime Minister Anthony Albanese said. The AUKUS pact, revealed in 2021, would see U.S. Virginia-class subs stationed in Australia from 2027, with sales to follow around 2030. Britain and Australia are set to develop a new class as well. A Pentagon review last December highlighted areas for bolstering the initiative.
