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Australia to double naval warships, largest since World War II

Government will spend an additional USD 7.2 billion over the next decade to accelerate the delivery of the future fleet.

Canberra: Australian Deputy Prime Minister and Defence Minister Richard Marles and Defence Industry Minister Pat Conroy on Tuesday announced the major overhaul in Navy and said the government is committed to more than doubling the size of the nation’s naval warships.

With the announcement, Australia’s fleet of combat-ready warships will be expanded from the current 11 to 26, Xinhua news agency reported.

The government will spend an additional $7.2 billion over the next decade to accelerate the delivery of the future fleet, which Marles and Conroy said will be Australia’s largest since the end of World War II.

The plan in total will boost the country’s defence spend in the early 2030s to 2.4 per cent of GDP, compared to the 2.1 per cent it was planned to be when the government came to office, said reports.

This post was last modified on February 20, 2024 2:15 pm

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Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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