Prime Minister Morrison will announce an economic stimulus plan that includes upgrading military bases, building a new ship for humanitarian missions in the Pacific, recruiting 500 reservists, and increasing the number of days to deploy reservists in military activities.
The Australian government will also upgrade the Field Conqueror’s mobile infantry vehicle manufactured by Bendigo, which saved countless Australian soldiers’ lives in Afghan roadside bombs, and further invest in the development of Boeing’s “loyal wingman” drone, which is 50 The first fighter jet designed and developed in Australia in recent years. Morrison said that the government hopes to build sovereign industrial capabilities to allow local labor to ensure the safety of Australians while also helping to restore the economy.
Morrison said: “Our defense industry is the same as most of the Australian economy, due to the COVID-19 pandemic. This is especially true for small and medium-sized enterprises where employment is important.” The Ministry of Defense has paid in advance the invoices issued by various defense companies. , The advance payment amount exceeds 11 billion Australian dollars. The federal government will also provide 110 million Australian dollars in training funds for defense companies in accordance with the innovation and workforce development plan and cyber security training.
https://www.afr.com/politics/federal/1b-defence-boost-to-stimulate-economy-20200825-p55p3t