New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
Artist rendering of Raytheon's Hypersonic Attack Cruise Missile. (Photo: Raytheon)
Following joint selection by the USAF to design and develop a scramjet propulsion-based Hypersonic Attack Cruise Missile (HACM) prototype, Raytheon and Northrop Grumman plan on making the weapon capable of sustaining 'overmatch' against peer competitors such as China.
The two manufacturers received funding worth $985 million for the prototyping effort on 22 September and are expected to deliver a missile offering 'operational utility' by FY2027, according to the Air Force Life Cycle Management Center.
The new 54-month contract followed the USAF providing Raytheon, Lockheed Martin and Boeing with separate 15-month Southern Cross Integrated Flight Research Experiment (SCIFiRE) preliminary design long-range hypersonic cruise missile contracts.
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This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
The Australian Budget was marked by tax cuts and a looming general election which led to little hope that there would be a substantial defence boost even with a big bill for nuclear submarines due.
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.
US services have already conducted multiple tests with military maritime systems fitted with the system.
Europe’s Organisation for Joint Armament Cooperation (OCCAR) “has to establish itself…as a centre of excellence for cooperative Defence Equipment Programmes” in the face of growing threats and the need for rearmament, according to the organisation’s chairman.