Navy's new lethal subs

Australia will build the world's most lethal conventional submarine fleet, capable of carrying long-range cruise missiles and futuristic midget-subs, to combat an expected arms race in the region.* New Defence Minister Joel Fitzgibbon has ordered planning to begin on the next generation of submarines to replace the Royal Australian Navy's Collins-class fleet (Snip) The 17-year project will be the largest, longest and most expensive defence acquisition since Federation, potentially costing up to $25 billion.

[*i.e., China]

http://www.theaustralian.news.com.au/story/0,25197,22971955-601,00.html