Maritime Capabilities Take Lion’s Share Of Australia’s Future Defence Investment

Naval News – At the National Press Club of Australia in Canberra, Defence Minister Richard Marles simultaneously unveiled the first ever “National Defence Strategy 2024” (NDS) plus the “Integrated Investment Program 2024” (IIP). The latter was the first release of the IIP since its last public iteration four years ago. The NDS continues on from last year’s Defence Strategic Review, and gives the raison d’être for Australia’s major boost in defence capability. Meanwhile, the IIP lists in detail what will be procured in the next decade, alongside approximate monetary amounts.