Australia announces A$1 billion missile programme with US, amid China’s activities in Pacific

Mar 31, 2021 | INVESTING

Australia on Wednesday announced it would begin building its own guided missiles in close collaboration with the United States as it seeks to boost its defence capabilities.The news comes amid growing unease in the Pacific region about China’s increasing assertiveness and military abilities.Citing the “changing global environment”, Prime Minister Scott Morrison said it would partner with a weapons manufacturer to build the missiles in a plan that would create thousands of jobs as well as export…

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