This is CBSI in the world. I'm John Dash with my colleague Greco-Recoplie, defense

and foreign affairs. He's just back from Europe to help me understand the news of

August, much ballerhood, in California in San Diego, the Prime Minister of Great Britain,

Rishi Sunak, during a banking crisis, also there to shake hands with and greet the Prime

Minister of Australia, Mr. Albanese and the President of the United States, Mr. Biden.

However, August is not just submarines, I'm told. I read from a most recent report while

the August pact is bigger than just the submarine agreement. The countries have agreed to help

one another develop new technologies, such as undersea robots, quantum technologies and

AI. These capabilities are not the focus of Monday's announcement. Well, they're my

focus. Is this what you mean by a global agreement? And is this what you mean by Australia

has to re-industrialize to look to the future? In a word, yes. The Australians have been

working with the United States and Britain for decades on advanced technologies. Australia

was very much a part of the original nuclear weapons program with the US and UK during World

War II. And it basically opted out of it, subsequent to World War II, but it was there

providing the uranium for the nuclear program in World War II and beyond. Australia now

has to rebuild that capability, not just for nuclear weapons, but for a nuclear propulsion

and the ability to understand nuclear technologies. But Australia has been very engaged in the

development of hypersonic weapons for some time, and that's now progressing with the United

States in some close cooperation. This will give the Australian Defence Forces, particularly

Air Force initially, the capacity to launch more strategic offensive weapons against remote

targets, particularly in this case, people's Republic of China. So these are going to be

very key. Australia has been working at a cutting edge level on the development of unmanned

...