SYDNEY -- Australia will invest over $1 billion on a fleet of domestically designed and built autonomous submarines known as Ghost Sharks, as the country faces "the most threatening strategic landscape since the end of the Second World War."
Aerospace & Defense Industries
Australia to spend $1.1bn on Ghost Shark unmanned subs
Move comes on heels of China flexing military capabilities at massive parade
Deputy Prime Minister Richard Marles, left, and Minister for Defence Industry Pat Conroy stand in front of a Ghost Shark sub at HMAS Kuttabul naval base in Sydney on Sept. 10. © AAP
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