Australia and Japan have reached the largest defence-industry agreement ever between both countries for the production of advanced warships for the Australian Navy, the country’s Minister for Defence Richard Marles said.
Australia will upgrade its naval force with 11 Mogami-class frigates, built by Japan’s Mitsubishi Heavy Industries, Marles said on Tuesday, with the Australian Broadcasting Corporation, ABC, reporting that the contract was worth $10 billion Australian dollars (some $6.5bn).
