The Albanese government has signed a memorandum of understanding with Norway aimed at supporting the acquisition and domestic manufacture of missiles in Australia, the Defence Ministry said.
The arrangement enhances information sharing and collaboration between Australia, Norway and ten other countries that operate the Naval Strike Missile and the Joint Strike Missile, both developed by the Norwegian defence company Kongsberg.
The agreement forms part of a planned investment of up to A$36 billion over the decade to accelerate the acquisition and manufacture of longer-range munitions in Australia, in line with the government’s 2026 Integrated Investment Program.
As part of that effort, the government is committing up to A$850 million to enable Australia to locally build and maintain the Naval Strike Missile, the Joint Strike Missile and priority missile components.
Ministers framed the pact as a step toward greater self-reliance in defence manufacturing and a contribution to regional security, as Australia moves to shorten supply chains for critical weapons.