Australia's Strategic Surge: Billions in Missile Procurement

How is Australia adapting its defense strategy amidst global tensions and shortages?
Amid rising tensions, Australia commits A$74 billion for missile acquisition, reshaping defense strategy to counter threats.,The war in Ukraine and European defense spending affects Australia's local missile component production plans, slowing development.,Lockheed Martin discusses both short and long-term solutions for hypersonic missiles, crucial for Australia’s northern defense.,High global demand and supply chain challenges mean that local Australian missile production will take time to ramp up.,Kongsberg plans collaborative supply chains across Europe, the U.S., and Indo-Pacific as it establishes facilities in Australia.,Lockheed Martin's production of Guided Multiple Launch Rocket Systems in Australia begins this year to boost local capacity.,Australian capabilities are growing, with 60 local companies identified as potential suppliers for missile components.,Australia plans to finalize orders for advanced land-based missile systems by year-end, strengthening regional defense.
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Видео Australia's Strategic Surge: Billions in Missile Procurement канала TECHNOLOGY UK NEWS
defense, military, missiles, Australia, Ukraine