Australia plans to inject up to $159 billion into naval shipbuilding sector over the next decade
Australia has released the 2024 Naval Shipbuilding and Sustainment Plan, which outlines the government’s record investment of up to $159 billion over the next decade through the Integrated Investment Program, which will see “a significant boost to Australia’s maritime capabilities”.
Illustration; Credit: BAE SystemsThe Albanese Government has reaffirmed its commitment to continuous naval shipbuilding and sustainment through the release of the 2024 Naval Shipbuilding and Sustainment Plan.
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