U.S. approves potential $975 million HIMARS sales to Australia
- August 19, 2023
- Posted by: Quatro Strategies
- Categories: Aerospace & Defense, Asia Pacific, United States
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.
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.
Read more insights
Philippines looking to back mining industry to explore more critical mineral resources
The Philippine government is gearing up to bolster its support for the local mining industry through intensified exploration activities starting next year. The objective is to identify more areas rich in critical minerals like nickel and chromium, streamlining the process for investors and furnishing vital data for investment decisions.
China’s export bans on key minerals escalate US-China trade tensions
The trade war between the United States and China has entered a new phase, with critical minerals emerging as a primary battleground. As Washington continues to impose restrictions on advanced semiconductor technology exports to China, Beijing has responded by weaponizing its dominance in critical mineral supplies. Recent moves by China, such…
Challenges remain for BHP to overtake Anglo American after $39 billion offer rejected
BHP Group’s proposed takeover of Anglo American presents a rare opportunity for a mega-merger that makes strong business sense, particularly in the mining industry. However, executing such a deal to the satisfaction of all parties involved will undoubtedly be challenging. BHP, the world’s largest…