Australia and Japan sign contracts for $7bn warships deal
Summary
Australia and Japan have signed contracts for the first three of 11 new warships under a $7 billion defense deal. The warships, called Mogami-class frigates, will be built both in Japan and Australia to strengthen their navies and deepen military cooperation.Key Facts
- Australia and Japan will build 11 Mogami-class warships to boost their naval forces.
- The contract was signed by Australia’s Defence Minister Richard Marles and Japan’s Defence Minister Koizumi Shinjiro in Melbourne.
- Japan’s Mitsubishi Heavy Industries will build three ships in Nagasaki, Japan.
- Australia’s Austal will build eight ships in Western Australia.
- The first ship built in Japan is expected to be delivered in 2029 and start service in 2030.
- Australia plans to increase its defense spending to 3% of its GDP by 2033, from about 2% now.
- Australia and Japan are close allies of the US and have increased defense cooperation due to growing regional security concerns.
- Both countries are members of the Quad security group, which is led by the United States.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
