Australia has signed a $7 billion missile deal, sparking concerns of a new arms race comparable to WWII.

Today, the Australian government made a significant announcement regarding their military capabilities. In order to strengthen their national defense, they have allocated $7 billion to purchase advanced missiles from the United States.

The agreement was revealed by Defence Industry Minister Pat Conroy, who shared the news from Washington DC. This decision was made after receiving approval from the US Congress. The Royal Australian Navy will soon be equipped with state-of-the-art SM-2 IIIC and SM-6 missiles, which boast the ability to hit targets on land, sea, and air.

One particularly impressive feature of the SM-6 missile is its range of 350km. This was put to the test last year when it was successfully used on an Australian warship, marking a historic moment for the country as the first to do so outside of the US. The SM-2 IIIC, on the other hand, has a range of 160km.

This investment in long-range missiles was prompted by the federal government's National Defence Strategy and an independent analysis of the navy's surface fleet. Deputy Prime Minister and Defence Minister Richard Marles emphasized the significance of this agreement, stating that it showcases the government's commitment to enhancing the strike power of their warships.

Conroy also highlighted the current global climate, describing it as the most intense arms race since World War II. He explained, "We are currently living in a time of great strategic uncertainty, with the world facing the threat of an arms race unlike any we have seen before. The missile age is upon us."

In addition to this, the Australian government has also announced plans to begin building their own long-range missiles to arm their warships and stealth jet fighters. This project will be supported by a budget of $850 million and will be located near the city of Newcastle in New South Wales.

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