Government announces $1 billion investment in new missiles, mine sweepers.
Earlier this week, Australia’s defense minister announced a major investment in developing and procuring new air-defense and anti-ship missiles, advanced torpedoes, and naval vessels.
The planned anti-air and anti-ship missiles will have ranges of over 370 kilometers and missiles capable of striking land targets more than 1,500 kilometers away.
Hydrographic operations are crucial to operating submarines safely and effectively, and for detecting and tracking adversary submarines. Industry cooperation between the two countries may see the most growth in the coming years. Raytheon, which manufactures the Evolved Sea Sparrow, SM-2, and SM-6 missiles, is an American defense company.
This article was written by Steven Stashwick
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