What Happened
Defence Spending Trends And Sector Insights Revealed
Australia’s defence market is expected to see significant investment in the air and land sectors in the near term, with naval spending increasing steadily over the next decade. According to forecasts, the country’s defence priorities may be shifting, with a focus on short-term air and land capabilities and long-term maritime security. The defence market data forecasts, which cover the period from 2026 to 2035, were reported by Army Technology.