U.S. approves potential $975 million HIMARS sales to Australia

The Biden administration has revealed its intention to sell High Mobility Artillery Rocket Systems (HIMARS) to Australia in a deal valued at up to A$1.5 billion ($975 million). This move is part of the effort to strengthen the alliance between the United States and Australia and counter China’s expanding military presence in the Indo-Pacific region.

The proposed sale includes 22 M142 High Mobility Artillery Rocket Systems, 60 Guided Multiple Launch Rocket Systems, and various other munitions. However, the sale still requires approval from the US Congress and finalization of contracts.

The State Department has stated that Australia intends to use this capability to enhance its homeland defense and safeguard critical infrastructure. They also mentioned that the sale would not significantly alter the military balance in the region.

The US and Australia have been working to enhance their military cooperation, especially in response to the growing influence of China’s military capabilities. In July, both countries announced plans to increase the US military presence in Australia, which includes more frequent visits by US submarines and collaboration on guided missile production.

This move aligns with President Joe Biden’s focus on strengthening relationships with allies and addressing security challenges posed by China. The upcoming visit of Australia’s Prime Minister Anthony Albanese to the US in October is expected to further solidify these efforts.

Elevate your business with QU4TRO PRO!

Gain access to comprehensive analysis, in-depth reports and market trends.

Interested in learning more?

Sign up for Top Insights Today

Top Insights Today delivers the latest insights straight to your inbox.

You will get daily industry insights on

Oil & Gas, Rare Earths & Commodities, Mining & Metals, EVs & Battery Technology, ESG & Renewable Energy, AI & Semiconductors, Aerospace & Defense, Sanctions & Regulation, Business & Politics.

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

Canadian Solar secures contract for 500 MW battery storage project in UK

Canadian Solar has secured a substantial contract to supply 500 MW of battery storage technology for the Coalburn 1 project in Scotland, which is touted to be the UK’s largest battery storage initiative. This project is part of a partnership between Copenhagen Infrastructure Partners…

Equinor expands into lithium market with stake acquisition in US projects

Equinor has made a significant move into the lithium space by entering into an agreement with Standard Lithium Limited to acquire a 45% stake in lithium projects located in Southwest Arkansas and East Texas. The agreement involves Equinor initially compensating Standard Lithium with $30 million and covering…

OPEC+ extends oil output cuts into second quarter to support market

OPEC+ members, led by Saudi Arabia and Russia, have agreed to extend voluntary oil output cuts of 2.2 million barrels per day (bpd) into the second quarter of the year. This decision aims to provide additional support to the oil market amid concerns about global economic growth and increasing…

Stay informed

error: Content is protected !!