Australia Will Spend $3.5 Billion on Over 100 US Tanks and Armored Vehicles

U.S. Army's M1A2 tank from 2nd Battalion, 9th Infantry Regiment of the 1st Armored Brigade Combat Team of 2nd infantry division participate in a river crossing exercise in Yeoncheon-gun, South Korea, on May 30, 2013. Chung Sung-Jun/Getty Images

Australia will purchase 127 tanks and armoured vehicles from the United States in an AU$3.5 billion (US$2.52 billion) deal that comes as the federal government continues bolstering its defence force amid ongoing tensions in the Indo-Pacific.

Under the deal, Australia will acquire from the U.S. State Department: 75 M1A2 SEPv3 Abram tanks, 29 M1150 Assault Breacher Vehicles, 17 M1074 Joint Assault Bridge Vehicles, and six M88A2 Armoured Recovery Vehicles.