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Australia's Missile Defense and Military Capability Enhancement

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Source: The Jakarta Post

Project
Planned

Australia will increase defense spending to 3.0 percent of GDP by 2033, focusing on missile defense, drones, guided weapon stockpiles, and building nuclear-powered submarines under the AUKUS agreement. The country plans to spend an additional AU$53 billion over the next decade compared to its 2024 defense strategy, including AU$30 billion for missile defense systems and AU$36 billion for guided mi

Status
Prospective
Sector
Aerospace & Defense, Government, Nuclear, Commercial
Location
Australia
Updated
22 Jul 2026
Source
The Jakarta Post

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Project Information

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The project “Australia's Missile Defense and Military Capability Enhancement” is an infrastructure initiative in the Aerospace & Defense sector, located in Australia. Taiyo aggregates data on it from The Jakarta Post.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Australia will increase defense spending to 3.0 percent of GDP by 2033, focusing on missile defense, drones, guided weapon stockpiles, and building nuclear-powered submarines under the AUKUS agreement. The country plans to spend an additional AU$53 billion over the next decade compared to its 2024 defense strategy, including AU$30 billion for missile defense systems and AU$36 billion for guided missiles locally. The project also includes development of large autonomous submarines and fighter jets named Ghost Shark and Ghost Bat.

Original sector

Defense

Budget

Location

Country

Australia

Source

Source

The Jakarta Post

URL

More Details

Record type

Project

Sector

Aerospace & Defense, Government, Nuclear, Commercial

Article published date

2026-04-19

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