What’s Behind Australia’s Bid To Become A Top Arms Exporter?

Australian Prime Minister Malcolm Turnbull announced ambitions to become one of the world’s top 10 military equipment exporters. Presently ranking 20th in terms of arms dealing capability, the government’s plan — which comes with an AU$3.8 billion ($3 billion) dollar price tag — is projected to raise Australia’s current AU$1.5 billion defence industry export, (a paltry 3.3% of the global total), to AU$2.5 billion ($1.97 billion).

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