With eye on China, Australia to build biggest navy since World War II
Tuesday, 20 February 2024
Australia is increasing its naval power in response to challenges from China and Russia in the Indo-Pacific region. Tensions are rising, and the country aims to bolster its defensive capabilities and deter potential threats. Streamlining procurement processes is crucial for the success of ambitious defence projects. The plan will also boost Australia's defence spending to 2.4% of GDP, above the 2% target set by Nato allies.
Australia is increasing its naval power in response to challenges from China and Russia in the Indo-Pacific region. Tensions are rising, and the country aims to bolster its defensive capabilities and deter potential threats. Streamlining procurement processes is crucial for the success of ambitious defence projects. The plan will also boost Australia's defence spending to 2.4% of GDP, above the 2% target set by Nato allies.
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