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HomeFinance NewsAustralia Allocates $4.7 Billion for US Missile Naval Upgrade

Australia Allocates $4.7 Billion for US Missile Naval Upgrade

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Australia has announced plans to invest $4.7 billion in acquiring missiles from the United States to enhance its naval capabilities. This decision is part of a broader strategy to strengthen the country’s defense infrastructure. The investment will be directed towards upgrading Australia’s naval fleet with advanced missile systems, ensuring enhanced security and defense preparedness.

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