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global missile component shortagesReuters
•World
World
81% Informative
Australia signed a flurry of orders with U.S. and European defence companies, including Lockheed Martin , Kongsberg and Raytheon .
Prime Minister Anthony Albanese pledged A$74 billion ( $46.68 billion ) last year for missile acquisition including A$21 billion to establish a Guided Weapons and Explosive Ordnance Enterprise in Australia .
Lockheed Martin President for Missiles and Fire Control Tim Cahill said that the company was in discussions with Australia on "long term and short term solutions".
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