Australia Expands Missile Production Amid New Indo-Pacific Tensions

In response to China's recent ICBM test, Australia commits to bolstering its missile defense and manufacturing capabilities.

Australia plans to invest $74 billion over the next decade to enhance missile acquisition and defense capabilities.
Defense Industry Minister Pat Conroy highlighted the strategic competition between the U.S. and China as a key factor in Australia's security planning.
Australia will collaborate with international partners like the U.S., Japan, and South Korea to address regional stability concerns.
Local manufacturing initiatives include partnerships with Lockheed Martin and France's Thales to produce guided rocket systems and artillery ammunition.
The new Australian Guided Weapons and Explosive Ordnance Enterprise aims to establish a domestic industry to reduce dependency on foreign suppliers.