Why Is Australia Investing In Its Defense Preparedness?

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As Covid-19 changes economies and world dynamics, Australia has its own reasons to prepare for what lies ahead.....




Australia has never felt as insecure as it feels now. The pandemic led shakeup has left it feeling unsure about its regional and international preparedness to tackle contingencies. Also, with its equation getting spoiled with China, Canberra has reasons to invest into military preparedness.

The government is therefore planning to invest $1 billion Sovereign Guided Weapons Enterprise that will help Australia boost its own defence production capabilities.

For this, the defence department is now looking for able partners.  The strategic industry partner is going to operate a sovereign guided weapons manufacturing capability to produce missiles and other weapons on the government’s behalf.  These missiles will be guided in nature, the new age technological advancement, to be solely used by the government.

The Australian PM Scott Morrison has already been reeling under pressure due to allegations of sexual misconduct in his office.  He has been looking at desperate means to salvage his reputation. This has been the right time for him to announce the acceleration in Adelaide, stating it a public statement that, “Creating our own sovereign capability on Australian soil is essential to keep Australians safe, while also providing thousands of local jobs in businesses right across the defence supply chain.”

He has been candid to admit that the “Covid-19 pandemic has shown, having the ability for self-reliance, be it vaccine development or the defence of Australia, is vital to meeting our own requirements in a changing global environment.”

The defence portfolio has been through a reshuffle. Under the new leadership which sees Peter Dutton take over, the announcement comes as a saving grace, also where Dutton confirmed that Australia is doing everything possible to be a part of the active Quad and will be moving closer to working alongside the US to strengthen its defense capabilities.

According to The Australian Strategic Policy Institute, a defence think tank, Australia will spend $100 billion in the next 20 years on buying missiles and guided weapons.

 

Companies that could be a potential partners include Raytheon Australia, Lockheed Martin Australia, Kongsberg, and BAE Systems Australia. The partner will need to be suitable to work with the US and have strong links with Australian supply chain businesses.

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