Australia to spend $4.7bn on US missiles in naval upgrade
‘Greatest arms race in our region’: Australia buys $7b of US missiles
Washington | Australia will pay $7 billion to the US government for hundreds of long-range missiles in a deal approved by Congress that reflects the biggest arms race in the Pacific since World War II.
Live news: Australia to spend $4.7bn on US missiles in naval upgrade
The plan to acquire the Raytheon-made SM2 IIIC and SM6 type missiles was announced as part of a ministerial visit to Washington. It follows the signing of the Aukus alliance with the US and UK and an overhaul of Australia’s naval force designed to adapt to China’s military buildup.
Australia says $4.7 billion long-range missile deal to boost deterrence
Australia said on Tuesday it would bolster air and missile defence in a A$7 billion ($4.7 billion) deal with the United States to acquire SM-2 IIIC and SM-6 long-range missiles for its navy. The Australian navy test-fired the Raytheon SM-6 missile from a ship in August during exercises with the United States in Hawaii.
Australia To Buy Advanced US Missiles In $4.7 Bn Deal
Australia announced Tuesday a $4.7 billion deal to arm its navy with cutting-edge US medium and long-range missiles at a time of rapidly escalating military tensions in the Asia-Pacific.
Australia strikes $7b missile deal for 'greatest arms race' since WWII
Deputy Prime Minister and Defence Minister Richard Marles said the $7 billion missile agreement showed how the federal government was advancing the strike power of the navy's warships. Conroy warned the world was facing the gravest arms race since World War II.
Australia lands $7b deal for missile and air defence
Australia has struck a new agreement with the US to bolster its air and missile defences, as tensions rise in the Indo-Pacific.
24/7 Wall St9d
The Largest Arms Manufacturers in the World
Arms are one of the most lucrative commodities in the world. The defense industry is a market sector dominated by the United ...
The Washington Post9d
Ukraine boosting its defense industries, with a little help from friends
KYIV — A recent decision by the European Union to contribute about $440 million to Ukraine’s resurgent arms industry marks a significant shift in the bloc’s approach to Russia’s war ...
Pressenza10d
Public demonstration against the Genocide in Palestine and the Arms Industry gathered at “Cybertech Europe2024”
Following the national protest held in Rome on October 5, which coincided with global days of action leading up to October 7 ...
Politico Europe12d
Ukraine’s weapons industry presses government to allow arms exports
Manufacturers argue that allowing foreign sales would boost production and make up for the Kyiv government’s financial ...
The Washington Post12d
Ukrainian drone strikes another arms depot inside Russia, officials say
Ukraine is building up its own arms industry, and authorities have identified drones as an important aspect of that. “Among the key areas identified are drones for our army, and this should be a ...
Kyiv Post5d
EU Funds Ukraine’s Arms Industry With Frozen Russian Asset Proceeds
The publication added that Ukraine has the capacity but lacks the funding to fully utilize its domestic arms production – a notion echoed by industry representatives in a recent Financial Times ...
Taiwan News4d
C-Arms Devices Market Technological Innovations, Dynamics, and Future Growth Potential 2032
Global C Arms Devices Market was valued at USD 2.42 Billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.94% over the forecast period 2023-2032. Read the Market Summary ...
AFP on MSN6d
Turkish govt defends tax plan to fund defence industry
The Turkish government defended a proposed tax on credit cards on Tuesday, saying it was needed to fund the arms industry and ...