Australia Inks Deal With Lockheed Martin to Manufacture Missiles

Mr Conroy said the deal was an “important first step towards the establishment of domestic guided weapons manufacturing in Australia

A M142 High Mobility Artillery Rocket System (HIMARS) fires a missile in Australia's Northern Territory. Photo courtesy of Australian Department of Defence

Australia’s defence industry will receive a $37.4 million (US$24.74 million) boost after its Defence Department signed an agreement with Lockheed Martin Australia to manufacture Guided Multiple Launch Rocket System (GMLRS) missiles.

The missile’s production is set to start in 2025 and forms part of a $4.1 billion package activated after 2023’s Defence Strategic Review called for reforms to the Department’s “posture and structure,” which include producing long-range strike systems and munitions locally.