Australia is reconsidering several costly defence purchases, as it reveals it has A$23bn of ‘risky’ defence projects underway.

Defence Minister Joel Fitzgibbon, whose government came to power in November 2007, may dump several projects, including a A$6.5bn purchase of Super Hornet fighter planes, a A$1.5bn fleet of naval Seasprite helicopters and a A$1.4bn upgrade of guided missile frigates, Reuters reports.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

“This is a list of projects that are under real risk, real risk in terms of capability and real risk for the Australian taxpayer,” Fitzgibbon says.

He has ordered a review of Australia’s military needs, as it embarks on a A$61bn military upgrade.

By staff writer

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Army Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Army Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact across the defence sector.

Excellence in Action
SignalGeneriX has won the Autonomous Technology Innovation Award for its LOTUS AI Mission Computer -a compact, rugged edge AI platform delivering up to 100 TOPS for ISR, EW, robotics and autonomous systems. Discover how LOTUS is redefining real-time decision-making and autonomy across demanding defence missions.

Discover the Impact