Australia to invest $1 billion for the development of new naval advanced guided weapons

According to information published by the Australian Ministry of Defense on January 25, 2021, the Australian Government will invest $1 billion to commence the early development of advanced guided weapons to enhance Australia’s maritime security. This significant commitment will modernize the Australian Navy’s platforms to project and maintain sea control. Read full Naval News at this link ...

LRASM Long-range anti-surface cruise missile. (Picture source Lockheed Martin)

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