Australia inks Lockheed Martin deal to build guided missiles at home

Contract worth $24m part of broader plans to cover arsenal's 'strike gap'

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A United States Army M142 High Mobility Artillery Rocket System (HIMARS) fires a missile in Australia's Northern Territory. (Photo courtesy of Australian Department of Defence)

SHAUN TURTON, Nikkei Staff Writer

SYDNEY -- Australia will start manufacturing guided missiles in 2025 under a contract with the local arm of American weapons giant Lockheed Martin, acting Minister for Defence Pat Conroy said on Tuesday.

The 37 million Australian dollar ($24 million) contract, announced at a news briefing in Canberra, will see an initial batch of Guided Multiple Launch Rocket System (GMLRS) missiles built domestically as part of an AU$4 billion plan to address a gap in the Australian Defence Force's capabilities.

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