The US, the UK and Australia announced a giant military deal on Sep. 15 to sell nuclear-powered submarines to Australia, which then promptly canceled a $90 billion military deal with the French. The security pact, nicknamed Aukus, and its geopolitical implications have roiled capitals from Washington to Paris, Canberra to Beijing. So what is going on? Save for later Print Download Share LinkedIn Twitter Mainstream View: The arms deal causing all the ruckus is much ado about nothing. It simply boils down to a decision by Australia to buy nuclear-powered, conventionally weaponized submarines. France is furious about its 2016 deal being dumped, but its submarines were not as advanced as the ones offered by the US and the UK. The French will get over it.