Australia is rapidly increasing missile and ammunition stocks and working to bolster onshore manufacturing as it heeds lessons from Russia's invasion of Ukraine.
The federal government will partner with Lockheed Martin and lay down $316 million to build a weapons manufacturing plant able to produce 4000 guided, multiple-launch rocket systems each year, starting later in the decade.
It will work with Thales to manufacture 155mm artillery shells at a Commonwealth-owned facility in Benalla, Victoria, that will produce 15,000 rounds a year by 2028 and can scale up to 100,000 annually.
