Australia Strikes Deal To Buy 5 U.S. Nuclear Submarines To Counter China

In an effort to expand and overhaul its navy, Australia has signed a deal with the U.S. to purchase 5 Virginia-class nuclear submarines beginning in the next decade. Both U.S. and European officials have disclosed the deal as part of a landmark defense agreement between the U.S., Australia, and the U.K. in an effort to counter China.