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Reuters
Reuters
Politics

Australian defence projects billions over budget, decades late

FILE PHOTO: Australian Minister of Defense Richard Marles listens during a meeting with U.S. Defense Secretary Lloyd Austin at the Pentagon in Washington, U.S., July 13, 2022. REUTERS/Sarah Silbiger

Major Australian defence projects with approved budgets totalling more than A$70 billion ($45 billion) are overbudget and cumulatively decades late, the government said on Monday, amid China's plans to increase its influence in the Pacific.

At least 28 defense projects are collectively 97 years late, including the A$44 billion anti-submarine frigates programme and purchases of 12 offshore patrol vessel and a digital battlefield command system, Defence Minister Richard Marles said.

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