Australia has announced plans to increase defence spending by $7.25 billion over the next 10 years, to accelerate the delivery of the navy's future surface combatant fleet and expand the country's shipbuilding industry.
Under the plan, Australia will have a navy of 26 major surface combatants, up from 11 currently and the country's largest fleet since the end of World War II.
The new ships will include Hunter-class destroyers, multi-role frigates and autonomous surface combatants. Some will be armed with long-range Tomahawk missiles. Some are expected to be built in the South Australian city of Port Adelaide, creating more than 3,000 jobs, while others will be designed in the US or possibly in Spain, Germany, South Korea and Japan.
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