2020 Defence Strategic Update
The Morrison Government will invest $270 billion over the next 10 years to upgrade the capability and potency of the Australian Defence Force, to keep Australians safe while protecting the country’s interests in a changing global environment.
In its 2020 Defence Strategic Update released today, the Morrison Government will signal a key change in Australia’s defence posture, as it prioritises the Indo-Pacific region.
The update provides a new plan to tackle Australia’s defence challenges while increasing capability investment across the entire ADF.
This will mean more job opportunities as Australia’s increasingly capable and sovereign defence industry grows.
This Government’s investment in defence capability is already benefiting 15,000 Australian businesses who support 70,000 Australian workers.
For further information please visit https://www.defence.gov.au/StrategicUpdate-2020/