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Australia Details $14 Billion Plan To Boost Munitions Production, Includes New GMLRS Facility By 2029

Matthew Beinart By
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Australia Details $14 Billion Plan To Boost Munitions Production, Includes New GMLRS Facility By 2029
Pat Conroy, Australia's Minister for Defence Industry, Minister for International Development and the Pacific, tours the Virginia-class fast-attack submarine USS Mississippi (SSN 782) on Base Pearl Harbor-Hickam, Oct. 25, 2023. Mississippi performs a full spectrum of operations, including anti-submarine and anti-surface warfare. (U.S. Navy photo by Mass Communication Specialist 1st Class Scott Barnes)

Australia has released its plan to spend up to $14 billion over the next decade to boost domestic production of munitions, which will include building a new facility by 2029 capable of producing thousands of Lockheed Martin’s [LMT] Guided Multiple Launch Rocket Systems (GMLRS) annually. Pat Conroy, Australia’s minister for defense industry and capability delivery, announced on Wednesday the new Guided Weapons and Explosive Ordnance (GWEO) Plan also includes working with Thales Australia to build 155mm M795 artillery ammunition and…

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