AVALON, March 24 (Reuters) - Australia will bring
forward A$1 billion in defence spending in Tuesday's federal
budget to boost its military capability, including guided
weapons manufacture, an AUKUS submarine base and a frigate
program, Defence Minister Richard Marles said on Monday.
Australia and other United States security allies are under
pressure from United States President Donald Trump to increase
defence spending.
Marles said the federal budget would contain an increase of
A$10.6 billion (US$6.66 billion) for defence over the next four
years, part of a previously announced A$50 billion boost over a
decade, which he said was the most significant increase in
defence spending since the end of the Second World War.
"Part of the A$10.6 billion sees bringing forward an
additional billion dollars and that is because of the need to
accelerate Australia's capability and development," Marles said
at the Avalon Air Show in Victoria.
"This will see us have ready HMAS Stirling, the Henderson
Defence Precinct for the establishment of the Submarine
Rotational Force West. This will see us move forward at a faster
pace in establishing the Guided Weapons and Explosives
Enterprise," he added.
Up to four United States and one British-commanded
nuclear-powered submarines will rotate through Australia's
biggest naval base, HMAS Stirling in Western Australia, from
2027 under AUKUS.
The earlier spending will also accelerate the purchase of a
frigate into the service fleet this decade, he said.
On Monday, Australia said it had received the first two of
42 High Mobility Artillery Rocket Systems (HIMARS) launcher
vehicles ordered from Lockheed Martin ( LMT ), while the
manufacture of guided multiple launch rocket systems (GMLRS)
would begin in Australia this year.
($1 = 1.5916 Australian dollars)