Australia buying Tomahawk missiles from U.S. worth $833 million

Australia has committed to spending A$1.3 billion (approximately $833 million) to enhance its long-range strike capabilities, which includes the procurement of more than 200 Tomahawk cruise missiles from the United States. This acquisition aligns with Australia’s broader defense transformation efforts and comes as the country finalizes the deal to acquire the Tomahawk missiles, marking Australia as one of the select few nations, alongside the U.S. and Britain, to possess this advanced capability.

Defence Minister Richard Marles emphasized the importance of investing in capabilities that would allow the Australian Defence Force to deter potential adversaries and maintain security in an increasingly complex global environment. The Tomahawk missiles, manufactured by RTX Corp, boast an impressive range of 1,500 kilometers (932 miles) and will be deployed on the Royal Australian Navy’s Hobart-class destroyers.

This move towards bolstering Australia’s defense capabilities has been driven by concerns about China’s substantial military expansion, which is regarded as the most significant since World War II. To address these concerns, Australia has taken steps to modernize and upgrade its defense forces. Notably, Australia recently entered into a collaboration with the United States and Britain to develop a fleet of nuclear-powered submarines, further underlining its commitment to reinforcing its military capabilities.

Alongside the procurement of Tomahawk missiles, Australia will allocate approximately A$431 million for the acquisition of over 60 advanced anti-radiation guided missiles from the United States. Furthermore, the country plans to purchase long-range anti-tank guided missiles to enhance its Australian Army’s Boxer combat reconnaissance vehicles, with this contract valued at over A$50 million.

This investment in advanced weaponry follows closely after the United States approved the potential sale of M142 High Mobility Artillery Rocket Systems (HIMARS) to Australia for approximately $975 million. The collective effort to strengthen Australia’s defense capabilities underscores the nation’s commitment to maintaining security in the face of evolving global dynamics and potential threats.

Elevate your business with QU4TRO PRO!

Gain access to comprehensive analysis, in-depth reports and market trends.

Interested in learning more?

Sign up for Top Insights Today

Top Insights Today delivers the latest insights straight to your inbox.

You will get daily industry insights on

Oil & Gas, Rare Earths & Commodities, Mining & Metals, EVs & Battery Technology, ESG & Renewable Energy, AI & Semiconductors, Aerospace & Defense, Sanctions & Regulation, Business & Politics.

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

Japan looking to spend record $52.67 billion on defense in 2024

Japan’s defense ministry has submitted a budget request for a record 7.7 trillion yen ($52.67 billion) for the 2024 fiscal year, part of Prime Minister Fumio Kishida’s plan to increase military spending by 43 trillion yen over five years. This initiative, announced last year, aims to double defense spending to 2% of the country’s gross domestic product by 2027, reflecting concerns about a more assertive China and a unpredictable North Korea.

EU eyes critical mineral projects in DR Congo, Zambia

The European Union (EU) is strategically advancing partnerships with the Democratic Republic of Congo and Zambia to fortify local industries, particularly focusing on securing critical materials vital for green and digital technologies. This initiative comes within the context of intensifying competition with China for essential resources crucial for advancing the green and digital sectors.

U.S. lawmakers ask for security check on Chinese battery maker Gotion

The governors of Michigan and Illinois have revealed plans for Gotion to establish electric vehicle (EV) plants in their states, promising thousands of jobs. However, Republican Senator Marco Rubio and GOP representatives from these states have expressed concerns about Gotion’s ties to China’s Communist Party.

Stay informed

error: Content is protected !!