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International Business Times
International Business Times
Business
Andrew BEATTY

Australia Says To Build Biggest Navy Since World War II

Australia's new naval blueprint will see its number of surface combatant ships more than double (Credit: AFP)

Australia on Tuesday outlined a decade-long plan to double its fleet of major warships and boost defense spending by an additional US$7 billion, in the face of a quickening Asia-Pacific arms race.

Under the plan, Australia will get a navy of 26 major surface combatant ships, up from 11 today.

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