[LINK] Australia to invest $12bn in missile manufacturing

[Tom Worthington]

On 1/11/24 10:54, Stephen Loosley wrote:

> Australia to invest $12bn in missile manufacturing amid China’s rise 
> By Nic Fildes in Sydney OCTOBER 30 2024 
> https://www-ft-com.ezp-prod1.hul.harvard.edu/content/e810a7f8-8d45-43d0-9d5e-fc89cc3b670b
>
>  ... Conroy said a new facility would be developed alongside US arms
> contractor Lockheed Martin ..."

Sounds like the previous failed strategy for an Australian car industry: 
you pay a foreign company to assemble here. It is not in a company's 
interests to foster an independent local industry, just take subsidies 
from the Australian government to screw together imported parts. If the 
Australian Government really wants an Australian industry, they need to 
support Australian companies. There are opportunities to make missiles 
which fit standardized launchers, as well as drones of all sizes. 
Rockets and drones are something our students learn to make at university.


-- 
Tom Worthington http://www.tomw.net.au
-------------- next part --------------
A non-text attachment was scrubbed...
Name: OpenPGP_signature.asc
Type: application/pgp-signature
Size: 665 bytes
Desc: OpenPGP digital signature
URL: <https://mailman.anu.edu.au/pipermail/link/attachments/20241101/a43806b0/attachment.sig>