Concerns are growing inside the Australian Army that its most expensive procurement project in history, to replace 60-year-old armoured personnel carriers with new infantry fighting vehicles (IFVs), could be dramatically scaled back or even scrapped.
Under project LAND 400 Phase 3, Defence is evaluating rival Korean and German options to build up to 450 state-of-the-art IFVs, in a program worth $18-$27 billion.