Australia said it would start domestic manufacture of guided missiles by 2025, two years sooner than expected, in a wide-ranging shakeup of defense arrangements to focus on long-range strike capability
On Monday, the Labor government said it accepted the recommendations of a defence review that said China had launched the largest military buildup of any country since the end of World War Two without transparency, and major power competition had "potential for conflict" in the Indo Pacific.
The timetable for domestic manufacture of guided weapons, originally set for 2027, will be hastened to within two years by allocating A$2.5 billion to the project, Defence Minister Richard Marles said in media interviews. That represents a more than doubling in funding, which is being diverted from cancelled defence projects.
"That does radically shift the timeframe forward in terms of a manufacturing capability," Marles said in a television interview with Nine on Wednesday. A further A$1.6 billion will be spent on buying long‑range strike systems from overseas within two years, he said.
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