Australia releases weapons wish list amid defense spending boost
Australia plans to increase defense spending over the next decade to AU$270 billion (U.S. $187 billion) in response to what it says is a deteriorating regional environment.
The July 1 announcement by Prime Minister Scott Morrison about the plan coincides with the launch of the government’s 2020 Defence Strategic Update and the associated Force Structure Plan, which will raise projected spending from AU$195 billion as laid out in the 2016 Defence White Paper.