Credit: F-35: Lockheed Martin
BEIJING – Australia is budgeting a 2.6% inflation-adjusted rise in defense spending for the fiscal year beginning July 1, underpinning a commitment to lift its military budget to 2% of gross domestic product by 2020-21. Spending – AUS$27.2 billion ($20.51 billion) in 2016-17 – will keep rising in...
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