Australia boosts navy funding to build largest fleet since WWII

Government adds $7.2bn to double warships, citing 'uncertain world'

20240220.Navy.jpg

The Australian warship HMAS Stalwart conducts a dual replenishment at sea. (Australian Department of Defence)

SHAUN TURTON, Nikkei staff writer

SYDNEY -- Australia will inject another 11.1 billion Australian dollars ($7.2 billion) into its defense spending to build "a larger, more lethal" surface combat fleet, giving the navy its largest number of warships since World War II.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.