The Australian government will invest 21 billion Australian dollars (14 billion US dollars) over the next decade to increase domestic production of various types of projectiles.
As reported by Ukrinform , Bloomberg reports.
Australian Defense Industry Minister Pat Conroy on Wednesday announced a new missile production program in the country.
In particular, the construction of a new plant for the production of 155-mm artillery shells and guided rockets (GMLRS) in Australia in partnership with the American company Lockheed Martin is planned.
200% Deposit Bonus up to €3,000 180% First Deposit Bonus up to $20,000By the end of the decade, Australia will be able to produce up to 4,000 GMLRS per year , as well as up to 100,000 artillery shells.
According to Conroy, Australia is currently on the "threshold of a new missile era in the Indo-Pacific region".
"In addition to acquiring more projectiles from our partners, we need to build a new Australian guided weapons industry,” he added.
Just over a week ago, Australia announced its intention to purchase American missiles, including the Standard Missile Block IIIC and Standard Missile-6, in the amount of 7 billion Australian dollars.
As reported by Ukrinform, the Norwegian government has announced that it will allocate 967 million Norwegian kroner (more than 90 million US dollars) as part of a road map for increasing the production capacity of the country's defense industry.< /p>