AUKUS Submarine Transfer Authorization Act

This bill authorizes the U.S. President to sell up to two nuclear-powered attack submarines (Virginia-class) from the U.S. Navy inventory to Australia over a 15-year period to support the AUKUS security partnership. It requires Australia to cover all costs, including repairs performed at U.S. shipyards, and mandates detailed certifications to Congress on national security impacts, U.S. industrial capacity, and Australia's ability to operate the submarines. The bill also requires annual reports for 15 years on submarine transfers, defense service exports, and production schedules. This directly affects Australia's naval capabilities and U.S.-Australia defense cooperation under the AUKUS framework.