Australia to double naval warships, largest since World War II

by IANS |



Canberra, Feb 20 (IANS) 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



Latest News
Bomb threat for IndiGo flight at Delhi airport turns out to be hoax Tue, May 28, 2024, 02:08 PM
Adani Enterprises Ltd to raise Rs 16,600 crore to expand biz Tue, May 28, 2024, 02:00 PM
NTR dedicated life for glory of Telugu people: Chandrababu Naidu Tue, May 28, 2024, 01:58 PM
Senior SP leader inches closer to BJP; praises PM Modi, Amit Shah Tue, May 28, 2024, 01:56 PM
Sex scandal: SIT to decide on arrest of JD(S) MP Prajwal upon arrival, says Ktaka HM Tue, May 28, 2024, 01:54 PM
ITC's Hotel Group expands in Rajasthan with 'Mementos Jaipur' Mon, May 27, 2024, 04:55 PM
Study discovers brain region linked to 'prosocial' behaviour Mon, May 27, 2024, 04:49 PM
Re-elected Lithuanian President calls for higher military spending Mon, May 27, 2024, 04:48 PM
Fitch sees big RBI dividend to govt as positive for India's rating Mon, May 27, 2024, 04:37 PM
Hyundai Motor installs EV charging station in Chennai, plans 100 facilities in Tamil Nadu Mon, May 27, 2024, 04:36 PM
Cyclone Remal leaves four dead in Bengal Mon, May 27, 2024, 04:35 PM
Rajkot fire tragedy: Two police inspectors suspended Mon, May 27, 2024, 04:35 PM
'Pleased with the way I performed': Kohli on winning IPL Orange Cup Mon, May 27, 2024, 04:25 PM
Zypp Electric raises $15 mn to expand company's fleet, domestic operations Mon, May 27, 2024, 04:22 PM
Soldiers among 10 killed in terror attack on Pakistani outpost Mon, May 27, 2024, 04:17 PM