Australia says to build biggest navy since World War II

Australia unveiled a 10-year strategy to double its major warship fleet and boost defense spending by $7 billion, responding to a rising arms race in the Asia-Pacific region. The plan aims to increase the navy's major surface combatant ships to 26...

Agencies
Australia on Tuesday outlined a decade-long plan to double its fleet of major warships and boost defence spending by an additional US$7 billion, in the face of a quickening Asia-Pacific arms race.

Under the plan, Australia will get a navy of 26 major surface combatant ships, up from 11 today.

"It is the largest fleet that we will have since the end of the Second World War," said Defence Minister Richard Marles.


Australia will build six Hunter class frigates, 11 general-purpose frigates and six state-of-the-art surface warships that do not need to be crewed.

At least some of the fleet will be armed with Tomahawk missiles capable of carrying out long-range stand-off strikes on targets deep inside enemy territory -- a major deterrent capability.

The announcement comes after a massive build-up of firepower by rivals China and Russia, and amid growing confrontation between nervous US-led allies and increasingly bellicose authoritarian governments.
ADVERTISEMENT

The plan would see Australia increase its defence spending to 2.4 percent of gross domestic product, above the two percent target set by its NATO allies.

Some of the ships will be built in Adelaide, ensuring more than 3,000 jobs, but some will be sourced from US designs and a still undecided design from Spain, Germany, South Korea and Japan.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Defence › Australia says to build biggest navy since World War II
Text Size:AAA
Success
This article has been saved

*

+