💨 Abstract

Australia is accelerating its defense spending by A$1 billion in the upcoming federal budget, focusing on guided weapons manufacturing, an AUKUS submarine base, and a frigate program. This is in response to pressure from the US President Donald Trump to increase defense spending. The budget will also include an A$10.6 billion increase for defense over the next four years, part of a previously announced A$50 billion boost over a decade.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖