The facility has produced a range of major surface combatants and submerged vessels such as Destroyers, Frigates, Patrol boats and Submarines for the Royal Australian Navy fleet.

Since then, it has expanded significantly, incorporating a vast array of technology and facilities as the main supplier of naval vessels to the RAN.

The shipyard will notably be constructing SSN-AUKUS submarines from 2030s onwards, as the primary manufacturing hub of the trilateral AUKUS announcement in 2021.

Once completed, the facility will be one of only a handful across the world which will have the capacity to produce large surface combatant vessels and nuclear-powered submarines simultaneously.

According to preliminary plans for the new shipyard, Osborne will receive a third shiplift and potentially a graving dock to the north of the site for construction and maintenance of SSN-AUKUS submarines.