Australia seeks enhanced aerial capabilities

Australia allocates $21 billion for the Royal Australian Air Force as part of its Integrated Investment Programme

Australia announced its 2024 Integrated Investment Program (IIP) and National Defense Strategy on April 17. The Australian Ministry of Defense emphasized that the Royal Air Force received a budget of $18 billion to $21 billion.

The Air Force development plan encompasses advancing novel combat and domestically-owned aircraft alongside the progression of self-governing platforms and Intelligence, Surveillance, and Reconnaissance (ISR) capabilities.

Australia’s investment of up to $8 billion in its fighter jet fleet is a strategic move aimed at reducing advanced threats and fostering cooperation with allies. The investment strategy will prioritize lethality and survivability, ensuring Australia’s readiness in the face of extensive threats from diverse domains.

As per the IIP, these investments will enable Australia to conduct surveillance air operations and project military power in the Indo-Pacific region. This region is Australia’s main military focus and encompasses challenges such as territorial conflicts, military expansion, and non-state armed groups.

Australia is projected to allocate a budget ranging from $3 billion to $5 billion for procuring air-launched offensive weaponry, including advancing hypersonic missiles.

Source: Newsroom